Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS – Get Free Report) reached a new 52-week low during mid-day trading on Wednesday. The company traded as low as $45.09 and last traded at $45.0650, with a volume of 178506 shares. The stock had previously closed at $45.37.
Vanguard Mortgage-Backed Securities ETF Trading Down 0.6%
The company’s 50 day moving average price is $45.95 and its 200 day moving average price is $46.49.
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the company. Focus Partners Wealth acquired a new position in Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth $113,419,000. Envestnet Asset Management Inc. grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 3.4% in the second 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 purchasing an additional 917,120 shares during the period. Diversify Wealth Management LLC grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 382.7% in the first quarter. Diversify Wealth Management LLC now owns 885,936 shares of the exchange traded fund’s stock valued at $41,471,000 after purchasing an additional 702,394 shares during the period. Baker Avenue Asset Management LP increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 651.1% during the fourth quarter. Baker Avenue Asset Management LP now owns 488,931 shares of the exchange traded fund’s stock worth $23,019,000 after purchasing an additional 423,832 shares in the last quarter. Finally, Lido Advisors LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth about $16,615,000.
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).
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