Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Announces $0.16 Dividend

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) announced a dividend on Wednesday, April 29th, NASDAQ Dividends reports. Investors of record on Friday, May 1st will be given a dividend of 0.1609 per share by the exchange traded fund on Tuesday, May 5th. The ex-dividend date of this dividend is Friday, May 1st.

Vanguard Mortgage-Backed Securities ETF Stock Performance

VMBS traded down $0.10 on Friday, hitting $46.81. 916,698 shares of the company were exchanged, compared to its average volume of 1,786,569. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $45.05 and a 12 month high of $47.90. The stock’s fifty day moving average is $47.09 and its 200-day moving average is $47.15.

Institutional Trading of Vanguard Mortgage-Backed Securities ETF

Several institutional investors and hedge funds have recently bought and sold shares of VMBS. DecisionPoint Financial LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth about $25,000. Glen Eagle Advisors LLC raised its holdings in Vanguard Mortgage-Backed Securities ETF by 1,609.7% during the fourth quarter. Glen Eagle Advisors LLC now owns 530 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 499 shares in the last quarter. Imprint Wealth LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF during the third quarter worth about $25,000. Ascentis Independent Advisors bought a new stake in Vanguard Mortgage-Backed Securities ETF in the first quarter valued at approximately $27,000. Finally, Kingdom Financial Group LLC. bought a new stake in Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at approximately $29,000.

About Vanguard Mortgage-Backed Securities ETF

Vanguard Mortgage Backed Securities ETF (the Fund) seeks to track the performance of a market-weighted, mortgage-backed securities index. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. MBS Float Adjusted Index (the Index). The Index covers the United States agency mortgage-backed, pass-through securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).