Vanguard Mortgage-Backed Securities ETF (VMBS) to Issue Monthly Dividend of $0.15 on September 5th

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) announced a monthly dividend on Thursday, August 29th, Zacks reports. Investors of record on Tuesday, September 3rd will be given a dividend of 0.154 per share by the exchange traded fund on Thursday, September 5th. This represents a $1.85 dividend on an annualized basis and a yield of 3.95%. The ex-dividend date is Tuesday, September 3rd. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15.

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ VMBS opened at $46.82 on Friday. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $42.06 and a 52-week high of $47.31. The company has a 50-day simple moving average of $46.18 and a 200 day simple moving average of $45.48.

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).