NBC Securities Inc. grew its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS – Free Report) by 6.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,967 shares of the exchange traded fund’s stock after purchasing an additional 634 shares during the period. NBC Securities Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $511,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in VMBS. Sugarloaf Wealth Management LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter valued at about $27,000. Bradley & Co. Private Wealth Management LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth about $29,000. Addison Advisors LLC grew its position in Vanguard Mortgage-Backed Securities ETF by 44.6% in the fourth quarter. Addison Advisors LLC now owns 849 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 262 shares in the last quarter. SouthState Corp purchased a new position in Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth about $57,000. Finally, Citigroup Inc. grew its position in Vanguard Mortgage-Backed Securities ETF by 194.0% in the third quarter. Citigroup Inc. now owns 1,379 shares of the exchange traded fund’s stock worth $60,000 after acquiring an additional 910 shares in the last quarter.
Vanguard Mortgage-Backed Securities ETF Trading Down 0.0 %
VMBS opened at $45.71 on Friday. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $42.06 and a 12 month high of $46.59. The stock has a 50-day moving average of $44.92 and a 200 day moving average of $45.36.
Vanguard Mortgage-Backed Securities ETF Increases Dividend
The business also recently declared a monthly dividend, which was paid on Wednesday, June 5th. Investors of record on Monday, June 3rd were given a $0.15 dividend. The ex-dividend date was Monday, June 3rd. This represents a $1.80 annualized dividend and a yield of 3.94%. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15.
Vanguard Mortgage-Backed Securities ETF Profile
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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