Vanguard Mortgage-Backed Securities Index Fund (NASDAQ:VMBS) Shares Cross Below Two Hundred Day Moving Average of $49.27

Shares of Vanguard Mortgage-Backed Securities Index Fund (NASDAQ:VMBS – Get Rating) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $49.27 and traded as low as $48.25. Vanguard Mortgage-Backed Securities Index Fund shares last traded at $48.40, with a volume of 1,683,076 shares traded.

Vanguard Mortgage-Backed Securities Index Fund Stock Down 1.0 %

The stock has a 50-day moving average of $47.94 and a 200 day moving average of $49.27.

Vanguard Mortgage-Backed Securities Index Fund Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, July 7th. Investors of record on Tuesday, July 5th were given a $0.091 dividend. This represents a $1.09 dividend on an annualized basis and a yield of 2.26%. This is a positive change from Vanguard Mortgage-Backed Securities Index Fund’s previous monthly dividend of $0.07. The ex-dividend date was Friday, July 1st.

Institutional Trading of Vanguard Mortgage-Backed Securities Index Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its holdings in Vanguard Mortgage-Backed Securities Index Fund by 7.3% during the fourth quarter. Bank of America Corp DE now owns 53,108,922 shares of the exchange traded fund’s stock worth $2,806,275,000 after buying an additional 3,622,676 shares during the last quarter. Assetmark Inc. boosted its holdings in Vanguard Mortgage-Backed Securities Index Fund by 41.6% during the second quarter. Assetmark Inc. now owns 9,026,062 shares of the exchange traded fund’s stock worth $431,536,000 after buying an additional 2,652,216 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Vanguard Mortgage-Backed Securities Index Fund by 28.6% during the first quarter. JPMorgan Chase & Co. now owns 10,491,225 shares of the exchange traded fund’s stock worth $525,610,000 after buying an additional 2,335,592 shares during the last quarter. Charles Schwab Investment Advisory Inc. boosted its holdings in Vanguard Mortgage-Backed Securities Index Fund by 2.1% during the first quarter. Charles Schwab Investment Advisory Inc. now owns 73,233,668 shares of the exchange traded fund’s stock worth $3,669,006,000 after buying an additional 1,498,896 shares during the last quarter. Finally, Jane Street Group LLC boosted its holdings in Vanguard Mortgage-Backed Securities Index Fund by 396.9% during the first quarter. Jane Street Group LLC now owns 586,636 shares of the exchange traded fund’s stock worth $29,390,000 after buying an additional 468,575 shares during the last quarter.

Vanguard Mortgage-Backed Securities Index Fund Company Profile

(Get Rating)

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).

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