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

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) declared a monthly dividend on Monday, June 29th, NASDAQ Dividends reports. Shareholders of record on Wednesday, July 1st will be paid a dividend of 0.1645 per share by the exchange traded fund on Monday, July 6th. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date is Wednesday, July 1st.

Vanguard Mortgage-Backed Securities ETF Price Performance

NASDAQ:VMBS traded down $0.24 during trading hours on Wednesday, hitting $46.57. 1,495,397 shares of the company traded hands, compared to its average volume of 1,645,443. The firm’s 50-day simple moving average is $46.73 and its 200-day simple moving average is $47.01. Vanguard Mortgage-Backed Securities ETF has a one year low of $45.69 and a one year high of $47.90.

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).