- IShares MBS ETF was the biggest decliner after giving up 0.66% yesterday As things stand, Vanguard Mortgage-Backed Securities ETF (down 0.578%) and iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) are underperforming today
- FTSE goes up by 0.36%, reaching 7,872.
Ahead of Monday's session: leading equity indices in the US declined as after dropping 0.42%, Dow Jones closed at 33,900. Nasdaq was down 0.35% before closing the session at 12,123.
US markets are set to open Monday in around 2 days. In the meantime, European markets closed higher yesterday whilst FTSE goes up to 7,872 (up 0.36%). Upbeat Asia-Pacific markets ended yesterday higher as Nikkei is up by 1.2%, hitting 28,500.
Market's down-tick coincides with some negative macro data published earlier as data from United States concerning Core Retail Sales was released yesterday at 12:30 UTC. Newly published figures emphasized continued decline from last month's figure of 0% to -0.8% this month. Highly important Retail Sales data from United States beat analyst expectations of -0.4% with a reading of -1%. United States Producer Price Index fell short of the 0.1% projections, with new data of -0.5%.
Yesterday's bearishness meant that iShares MBS ETF lost 0.66% yesterday before closing at $94.43. Vanguard Mortgage-Backed Securities ETF (down 0.578%), iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) also underperformed yesterday.
IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF | Ended yesterday's session at $25.35
- Following a month of flat trade,
Vanguard Mortgage-Backed Securities ETF | Closed yesterday's session at $46.44
- Having set a significant low of $43.58 5 months ago, Vanguard Mortgage-Backed Securities ETF is trading 7.18% higher.
- Vanguard Mortgage-Backed Securities ETF's bearish run has lasted 3 days so far (-9 cents).
- Shareholders to attain annual dividend yield of 1% this year
Vanguard Mortgage-Backed Securities ETF is now trading 7.18% above the significant low ($43.58) it slumped to 5 months ago. The fund disclosed a quarterly dividend of 11.8 cents per share on Monday, December 26th and was paid on Monday, March 6th — thereby generating a yield of 1% for all eligble investors.