Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Sees Large Volume Increase – Time to Buy?

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) saw an uptick in trading volume on Wednesday . 2,671,634 shares changed hands during trading, an increase of 40% from the previous session’s volume of 1,910,317 shares.The stock last traded at $47.6450 and had previously closed at $47.70.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.2%

The business’s 50 day moving average is $47.27 and its 200-day moving average is $47.07.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were paid a $0.1645 dividend. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

Hedge Funds Weigh In On Vanguard Mortgage-Backed Securities ETF

A number of hedge funds have recently bought and sold shares of the company. DecisionPoint Financial LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at approximately $25,000. Glen Eagle Advisors LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 1,609.7% in the 4th quarter. Glen Eagle Advisors LLC now owns 530 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 499 shares during the last quarter. Imprint Wealth LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at approximately $25,000. Kingdom Financial Group LLC. acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at approximately $29,000. Finally, MilWealth Group LLC bought a new position in Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth $30,000.

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).