Vanguard Mortgage-Backed Securities ETF (VMBS) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry. The company is headquartered in Valley Forge, DE, United States.
VMBS has IPO date of 2009-11-23, listed on the NASDAQ Global Market, a market capitalization of $16.72B.
Vanguard Mortgage-Backed Securities ETF is an index-tracking fund designed to replicate the performance of the Bloomberg U.S. MBS Float Adjusted Index. The fund invests primarily in U.S. agency mortgage-backed securities issued by government-sponsored enterprises including GNMA, FNMA, and FHLMC. Using a sampling methodology, the fund maintains at least 80% of its assets in index-constituent bonds, focusing on mortgage pools with a minimum of $1 billion in outstanding balances and weighted average maturities of at least one year. This approach provides investors with broad exposure to the U.S. mortgage-backed securities market with low costs and transparent index-based management.