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

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) declared a monthly dividend on Tuesday, December 16th. Investors of record on Thursday, December 18th will be paid a dividend of 0.1599 per share by the exchange traded fund on Monday, December 22nd. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend is Thursday, December 18th.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.1%

NASDAQ:VMBS traded down $0.06 during trading hours on Thursday, hitting $47.07. The company’s stock had a trading volume of 1,656,639 shares, compared to its average volume of 2,234,912. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $44.65 and a 52-week high of $47.46. The business’s 50-day moving average is $47.13 and its two-hundred day moving average is $46.60.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Alternative Investment Advisors LLC. increased its holdings in Vanguard Mortgage-Backed Securities ETF by 12.5% during the 3rd quarter. Alternative Investment Advisors LLC. now owns 64,027 shares of the exchange traded fund’s stock valued at $3,007,000 after acquiring an additional 7,102 shares in the last quarter. Strategic Investment Advisors MI grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 6.7% in the third quarter. Strategic Investment Advisors MI now owns 220,676 shares of the exchange traded fund’s stock valued at $10,417,000 after purchasing an additional 13,811 shares during the last quarter. Garde Capital Inc. grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 13.0% in the third quarter. Garde Capital Inc. now owns 813,559 shares of the exchange traded fund’s stock valued at $38,205,000 after purchasing an additional 93,514 shares during the last quarter. Saranac Partners Ltd purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 3rd quarter worth approximately $539,000. Finally, IFP Advisors Inc increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 157.5% during the 3rd quarter. IFP Advisors Inc now owns 8,850 shares of the exchange traded fund’s stock worth $416,000 after purchasing an additional 5,413 shares in 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).