Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Plans Monthly Dividend of $0.16

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) declared a monthly dividend on Tuesday, January 6th. Stockholders of record on Monday, February 2nd will be paid a dividend of 0.1645 per share by the exchange traded fund on Wednesday, February 4th. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend is Monday, February 2nd. This is a 2.9% increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16.

Vanguard Mortgage-Backed Securities ETF Price Performance

Vanguard Mortgage-Backed Securities ETF stock opened at $47.24 on Friday. The firm has a fifty day simple moving average of $47.15 and a two-hundred day simple moving average of $46.89. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $44.85 and a twelve month high of $47.46.

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).