Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Hits New 52-Week Low – What’s Next?

Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $45.71 and last traded at $45.7150, with a volume of 233177 shares traded. The stock had previously closed at $45.82.

Vanguard Mortgage-Backed Securities ETF Price Performance

The stock’s 50-day moving average is $46.24 and its 200-day moving average is $46.68.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Glen Eagle Advisors LLC increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 1,609.7% during the 4th quarter. Glen Eagle Advisors LLC now owns 530 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 499 shares during the period. Vision Retirement LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 1,915.4% during the first quarter. Vision Retirement LLC now owns 524 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 498 shares in the last quarter. Imprint Wealth LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF during the third quarter worth about $25,000. Ascentis Independent Advisors acquired a new position in Vanguard Mortgage-Backed Securities ETF during the first quarter worth about $27,000. Finally, Kingdom Financial Group LLC. bought a new stake in Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth about $29,000.

Vanguard Mortgage-Backed Securities ETF Company Profile

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).