Vanguard Mortgage-Backed Securities ETF (VMBS) To Go Ex-Dividend on November 2nd

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) announced a monthly dividend on Tuesday, January 27th. Investors of record on Monday, November 2nd will be paid a dividend of $0.17 per share by the exchange traded fund on Wednesday, November 4th. This represents a $2.04 annualized dividend and a yield of 4.5%. The ex-dividend date is Monday, November 2nd. This is a 4.2% increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.1632.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.4%

NASDAQ:VMBS opened at $45.60 on Friday. The company’s 50 day moving average price is $45.21 and its 200-day moving average price is $46.42. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $43.95 and a 52 week high of $47.90.

Institutional Trading of Vanguard Mortgage-Backed Securities ETF

Hedge funds have recently added to or reduced their stakes in the business. Mather Group LLC. lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 11.4% during the 3rd quarter. Mather Group LLC. now owns 9,467,666 shares of the exchange traded fund’s stock worth $420,459,000 after buying an additional 968,285 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Vanguard Mortgage-Backed Securities ETF by 3.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 28,250,812 shares of the exchange traded fund’s stock valued at $1,322,420,000 after buying an additional 917,120 shares during the last quarter. Diversify Wealth Management LLC raised its holdings in Vanguard Mortgage-Backed Securities ETF by 382.7% during the first quarter. Diversify Wealth Management LLC now owns 885,936 shares of the exchange traded fund’s stock worth $41,471,000 after purchasing an additional 702,394 shares in the last quarter. Insight Wealth Strategies LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 3rd quarter valued at about $17,656,000. Finally, Robinswood Financial LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF in the 1st quarter valued at approximately $15,665,000.

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).