Vanguard Mortgage-Backed Securities ETF (VMBS) To Go Ex-Dividend on July 1st

Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) announced a monthly dividend on Friday, June 28th, Zacks reports. Shareholders of record on Monday, July 1st will be paid a dividend of 0.151 per share by the exchange traded fund on Wednesday, July 3rd. This represents a $1.81 dividend on an annualized basis and a dividend yield of 3.99%. The ex-dividend date of this dividend is Monday, July 1st. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.4 %

Vanguard Mortgage-Backed Securities ETF stock opened at $45.40 on Friday. The company has a fifty day simple moving average of $45.07 and a 200-day simple moving average of $45.38. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $42.06 and a 12-month high of $46.59.

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).