Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Hits New 1-Year Low – Should You Sell?

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)’s stock price hit 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 trading hands. The stock had previously closed at $45.37.

Vanguard Mortgage-Backed Securities ETF Trading Down 1.0%

The stock’s 50-day simple moving average is $46.02 and its two-hundred day simple moving average is $46.52.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in VMBS. Signal Advisors Wealth LLC boosted its position in Vanguard Mortgage-Backed Securities ETF by 88.5% during the first quarter. Signal Advisors Wealth LLC now owns 89,461 shares of the exchange traded fund’s stock worth $4,200,000 after acquiring an additional 41,995 shares during the last quarter. Financial Plan Inc. acquired a new position in Vanguard Mortgage-Backed Securities ETF during the first quarter worth $878,000. Onyx Bridge Wealth Group LLC grew its holdings in Vanguard Mortgage-Backed Securities ETF by 50.2% in the 1st quarter. Onyx Bridge Wealth Group LLC now owns 311,483 shares of the exchange traded fund’s stock valued at $14,624,000 after buying an additional 104,046 shares in the last quarter. Goodman Financial Corp boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 34.0% in the 1st quarter. Goodman Financial Corp now owns 671,816 shares of the exchange traded fund’s stock valued at $31,542,000 after purchasing an additional 170,355 shares during the last quarter. Finally, Seven Mile Advisory increased its stake in Vanguard Mortgage-Backed Securities ETF by 7.2% during the fourth quarter. Seven Mile Advisory now owns 608,490 shares of the exchange traded fund’s stock worth $28,648,000 after acquiring an additional 40,844 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Company Profile

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).