Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Hits New 1-Year Low – Should You Sell?

Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) hit a new 52-week low on Monday . The company traded as low as $45.90 and last traded at $45.90, with a volume of 132 shares changing hands. The stock had previously closed at $46.17.

Vanguard Mortgage-Backed Securities ETF Stock Performance

The firm’s 50 day simple moving average is $46.46 and its 200-day simple moving average is $46.82.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, August 5th. Investors of record on Monday, August 3rd were issued a dividend of $0.168 per share. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Monday, August 3rd. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in VMBS. Signal Advisors Wealth LLC boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 88.5% in the first quarter. Signal Advisors Wealth LLC now owns 89,461 shares of the exchange traded fund’s stock worth $4,200,000 after buying an additional 41,995 shares during the period. World Investment Advisors raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 140.4% during the 4th quarter. World Investment Advisors now owns 101,037 shares of the exchange traded fund’s stock valued at $4,757,000 after buying an additional 59,004 shares during the period. AE Wealth Management LLC lifted its position in Vanguard Mortgage-Backed Securities ETF by 32.4% during the 4th quarter. AE Wealth Management LLC now owns 56,509 shares of the exchange traded fund’s stock worth $2,660,000 after acquiring an additional 13,840 shares in the last quarter. PFG Advisors lifted its position in Vanguard Mortgage-Backed Securities ETF by 32.2% during the 4th quarter. PFG Advisors now owns 197,807 shares of the exchange traded fund’s stock worth $9,313,000 after acquiring an additional 48,144 shares in the last quarter. Finally, MGO One Seven LLC boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 61.1% in the 4th quarter. MGO One Seven LLC now owns 262,766 shares of the exchange traded fund’s stock worth $12,371,000 after acquiring an additional 99,666 shares during the period.

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).