27-Mar-2024
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VMBS seeks to provide a moderate and sustainable level of current income. Invests primarily in U.S. agency mortgage-backed pass-through securities issued by Ginnie Mae (GNMA) Fannie Mae (FNMA) and Freddie Mac (FHLMC). Moderate interest rate risk with a dollar-weighted average maturity of 3 to 10 years.
Vanguard Mortgage-Backed Securities ETF trades on the NASDAQ stock market under the symbol VMBS.
As of March 27, 2024, VMBS stock price climbed to $45.75 with 2,092,768 million shares trading.
VMBS has a beta of 0.32, meaning it tends to be less sensitive to market movements. VMBS has a correlation of 0.24 to the broad based SPY ETF.
VMBS has a market cap of $17.50 billion. This is considered a Large Cap stock.
In the last 3 years, VMBS stock traded as high as $53.71 and as low as $42.06.
VMBS has underperformed the market in the last year with a price return of +2.3% while the SPY ETF gained +33.6%. VMBS has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -1.2% and +0.4%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
VMBS support price is $45.52 and resistance is $45.80 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that VMBS stock will trade within this expected range on the day.