Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Cross Above 50 Day Moving Average – Here’s What Happened

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS – Get Free Report)’s share price passed above its 50 day moving average during trading on Monday. The stock has a 50 day moving average of $45.29 and traded as high as $45.38. Vanguard Mortgage-Backed Securities ETF shares last traded at $45.32, with a volume of 2,806,430 shares.

Vanguard Mortgage-Backed Securities ETF Price Performance

The company’s fifty day moving average price is $45.24 and its 200 day moving average price is $46.44.

Institutional Investors Weigh In On Vanguard Mortgage-Backed Securities ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Envestnet Asset Management Inc. boosted its stake in 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 acquiring an additional 917,120 shares during the period. Mather Group LLC. raised its position in shares of 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 purchasing an additional 968,285 shares during the period. Assetmark Inc. lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 0.7% in the 1st quarter. Assetmark Inc. now owns 8,853,123 shares of the exchange traded fund’s stock worth $415,654,000 after purchasing an additional 60,256 shares during the last quarter. Lincoln National Corp lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 1.1% in the 1st quarter. Lincoln National Corp now owns 3,791,318 shares of the exchange traded fund’s stock worth $178,002,000 after purchasing an additional 40,592 shares during the last quarter. Finally, Keybank National Association OH lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 2.0% in the 1st quarter. Keybank National Association OH now owns 2,320,540 shares of the exchange traded fund’s stock worth $108,949,000 after purchasing an additional 46,047 shares during the last quarter.

About Vanguard Mortgage-Backed Securities ETF

(Get Free Report)

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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