Nomura Asset Management Co. Ltd. purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 30,400 shares of the exchange traded fund’s stock, valued at approximately $1,409,000.
Several other large investors have also recently bought and sold shares of VMBS. Sigma Planning Corp lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 111.3% in the third quarter. Sigma Planning Corp now owns 13,408 shares of the exchange traded fund’s stock valued at $587,000 after buying an additional 7,063 shares during the last quarter. Avantax Advisory Services Inc. lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 17.2% in the third quarter. Avantax Advisory Services Inc. now owns 60,079 shares of the exchange traded fund’s stock valued at $2,630,000 after buying an additional 8,827 shares during the last quarter. Archer Investment Corp lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 155.4% in the third quarter. Archer Investment Corp now owns 3,037 shares of the exchange traded fund’s stock valued at $133,000 after buying an additional 1,848 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 1.0% in the third quarter. Janney Montgomery Scott LLC now owns 620,069 shares of the exchange traded fund’s stock valued at $27,147,000 after buying an additional 5,854 shares during the last quarter. Finally, Sequoia Financial Advisors LLC lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 10.1% in the third quarter. Sequoia Financial Advisors LLC now owns 437,435 shares of the exchange traded fund’s stock valued at $19,151,000 after buying an additional 40,111 shares during the last quarter.
Vanguard Mortgage-Backed Securities ETF Stock Up 0.4 %
VMBS opened at $44.97 on Friday. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $42.06 and a 12-month high of $46.59. The business has a 50 day moving average of $44.85 and a 200-day moving average of $45.28.
Vanguard Mortgage-Backed Securities ETF Increases Dividend
The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, June 5th. Stockholders of record on Monday, June 3rd will be given a $0.15 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 4.00%. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend is Monday, June 3rd.
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).
Further Reading
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