Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Sees Strong Trading Volume

Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) saw strong trading volume on Monday . 3,465,236 shares were traded during mid-day trading, an increase of 107% from the previous session’s volume of 1,672,943 shares.The stock last traded at $44.75 and had previously closed at $44.75.

Vanguard Mortgage-Backed Securities ETF Price Performance

The stock has a 50 day moving average of $45.02 and a 200 day moving average of $45.07.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, May 6th. Shareholders of record on Thursday, May 2nd were given a dividend of $0.148 per share. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. This represents a $1.78 dividend on an annualized basis and a yield of 3.96%. The ex-dividend date was Wednesday, May 1st.

Institutional Investors Weigh In On Vanguard Mortgage-Backed Securities ETF

A number of hedge funds have recently made changes to their positions in the business. Consolidated Portfolio Review Corp grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 0.3% in the fourth quarter. Consolidated Portfolio Review Corp now owns 79,132 shares of the exchange traded fund’s stock worth $3,669,000 after purchasing an additional 244 shares during the last quarter. OmniStar Financial Group Inc. raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.4% during the fourth quarter. OmniStar Financial Group Inc. now owns 10,590 shares of the exchange traded fund’s stock valued at $491,000 after acquiring an additional 248 shares during the last quarter. AdvisorNet Financial Inc boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 0.5% during the first quarter. AdvisorNet Financial Inc now owns 50,036 shares of the exchange traded fund’s stock worth $2,282,000 after purchasing an additional 250 shares during the period. Addison Advisors LLC increased its holdings in Vanguard Mortgage-Backed Securities ETF by 44.6% during the 4th quarter. Addison Advisors LLC now owns 849 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 262 shares during the period. Finally, Ieq Capital LLC raised its position in Vanguard Mortgage-Backed Securities ETF by 3.3% during the 3rd quarter. Ieq Capital LLC now owns 8,671 shares of the exchange traded fund’s stock valued at $380,000 after purchasing an additional 273 shares during the last quarter.

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).