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

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) declared a monthly dividend on Monday, June 29th, NASDAQ Dividends reports. Investors of record on Wednesday, July 1st will be given a dividend of 0.1645 per share by the exchange traded fund on Monday, July 6th. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Wednesday, July 1st.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.5%

Shares of VMBS stock traded down $0.24 during trading hours on Wednesday, hitting $46.57. 1,495,397 shares of the company’s stock were exchanged, compared to its average volume of 1,645,443. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $45.69 and a fifty-two week high of $47.90. The firm has a 50 day moving average of $46.73 and a two-hundred day moving average of $47.01.

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).