Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Reaches New 12-Month Low – Here’s Why

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $45.14 and last traded at $45.27, with a volume of 2076935 shares trading hands. The stock had previously closed at $45.32.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.1%

The stock’s fifty day simple moving average is $46.10 and its 200 day simple moving average is $46.58.

Institutional Investors Weigh In On Vanguard Mortgage-Backed Securities ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Talon Private Wealth LLC increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 110.3% in the 2nd quarter. Talon Private Wealth LLC now owns 26,744 shares of the exchange traded fund’s stock worth $1,252,000 after acquiring an additional 14,027 shares during the last quarter. Sequoia Financial Advisors LLC boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 1.4% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 70,501 shares of the exchange traded fund’s stock valued at $3,300,000 after acquiring an additional 965 shares during the last quarter. Capital Analysts LLC boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 16.1% during the 2nd quarter. Capital Analysts LLC now owns 48,013 shares of the exchange traded fund’s stock valued at $2,247,000 after acquiring an additional 6,675 shares during the last quarter. NorthRock Partners LLC grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 1.4% in the second quarter. NorthRock Partners LLC now owns 970,465 shares of the exchange traded fund’s stock valued at $45,427,000 after purchasing an additional 13,387 shares during the period. Finally, Integrated Wealth Concepts LLC grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 27.0% in the second quarter. Integrated Wealth Concepts LLC now owns 107,644 shares of the exchange traded fund’s stock valued at $5,039,000 after purchasing an additional 22,896 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).