Vanguard Mortgage-Backed Securities Index Fund ETF Shares (VMBS)

Vanguard Mortgage-Backed Securities Index Fund ETF Shares is trading at $45.60, up 0.35% on the session. The 50 day average sits at $45.24 and the 200 day at $46.43, which puts the stock in a downtrend. RSI is at 58.2, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $45.14 with resistance near $45.39, so that band frames the current range. Average daily movement is roughly $0.26, or about 0.6% of the share price, which is what any stop placement has to allow for. The overall health score of 61 out of 100 combines a trend score of 27, momentum of 77 and a risk score of 92.

The fund manager employs an indexing investment approach designed to track the performance of the Bloomberg U.S. MBS Float Adjusted Index. This index covers U.S. agency mortgage-backed pass-through securities issued by the GNMA, the FNMA, and the FHLMC. To be included in the index, pool aggregates must have at least $1 billion currently outstanding and a weighted average maturity of at least 1 year. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds included in the index.