Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Sees Large Volume Increase – Here’s Why

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) shares saw unusually-high trading volume on Monday . Approximately 1,745,362 shares were traded during mid-day trading, an increase of 12% from the previous session’s volume of 1,558,521 shares.The stock last traded at $45.3950 and had previously closed at $45.25.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.4%

The firm’s fifty day moving average is $46.06 and its 200 day moving average is $46.55.

Institutional Investors Weigh In On Vanguard Mortgage-Backed Securities ETF

Hedge funds have recently modified their holdings of the business. Bank of New York Mellon Corp boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 1.4% in the 4th quarter. Bank of New York Mellon Corp now owns 10,478,686 shares of the exchange traded fund’s stock valued at $493,337,000 after purchasing an additional 142,443 shares during the period. Assetmark Inc. raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 0.7% during the first quarter. Assetmark Inc. now owns 8,853,123 shares of the exchange traded fund’s stock valued at $415,654,000 after buying an additional 60,256 shares during the last quarter. LPL Financial LLC lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.2% in the fourth quarter. LPL Financial LLC now owns 6,291,178 shares of the exchange traded fund’s stock valued at $296,189,000 after buying an additional 136,738 shares during the period. Lincoln National Corp grew its position in Vanguard Mortgage-Backed Securities ETF by 1.1% during the first quarter. Lincoln National Corp now owns 3,791,318 shares of the exchange traded fund’s stock worth $178,002,000 after buying an additional 40,592 shares in the last quarter. Finally, Clearstead Advisors LLC increased its stake in Vanguard Mortgage-Backed Securities ETF by 7.7% during the fourth quarter. Clearstead Advisors LLC now owns 2,747,637 shares of the exchange traded fund’s stock valued at $129,359,000 after acquiring an additional 196,934 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).