Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) to Issue Dividend Increase – $0.15 Per Share

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) declared a dividend on Wednesday, March 27th, NASDAQ reports. Investors of record on Tuesday, April 2nd will be paid a dividend of 0.1462 per share by the exchange traded fund on Thursday, April 4th. The ex-dividend date is Monday, April 1st. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.14.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.3 %

NASDAQ:VMBS traded down $0.14 during mid-day trading on Friday, hitting $45.61. 872,799 shares of the company’s stock traded hands, compared to its average volume of 1,758,399. The company has a fifty day moving average of $45.50 and a 200 day moving average of $44.86. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $42.06 and a twelve month high of $47.21.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Retirement Group LLC increased its position in Vanguard Mortgage-Backed Securities ETF by 792.9% during the 4th quarter. Retirement Group LLC now owns 625 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 555 shares in the last quarter. Vestor Capital LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF during the 2nd quarter valued at about $30,000. Geneos Wealth Management Inc. increased its position in Vanguard Mortgage-Backed Securities ETF by 254.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 599 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 430 shares in the last quarter. Salem Investment Counselors Inc. acquired a new position in Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at about $44,000. Finally, Money Concepts Capital Corp increased its position in Vanguard Mortgage-Backed Securities ETF by 26.9% during the 4th quarter. Money Concepts Capital Corp now owns 1,302 shares of the exchange traded fund’s stock valued at $59,000 after buying an additional 276 shares in the last quarter.

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).