53,193 Shares in Vanguard Mortgage-Backed Securities ETF $VMBS Bought by Adams Wealth Management

Adams Wealth Management bought a new stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the second quarter, HoldingsChannel reports. The institutional investor bought 53,193 shares of the exchange traded fund’s stock, valued at approximately $2,465,000.

Several other institutional investors and hedge funds have also modified their holdings of the company. Mather Group LLC. increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 6,012.2% during the 2nd quarter. Mather Group LLC. now owns 6,470,848 shares of the exchange traded fund’s stock valued at $299,859,000 after acquiring an additional 6,364,981 shares during the last quarter. Raymond James Financial Inc. lifted its position in Vanguard Mortgage-Backed Securities ETF by 25.1% during the 1st quarter. Raymond James Financial Inc. now owns 5,517,380 shares of the exchange traded fund’s stock worth $255,510,000 after acquiring an additional 1,107,390 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Vanguard Mortgage-Backed Securities ETF by 2.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 49,670,899 shares of the exchange traded fund’s stock valued at $2,301,750,000 after purchasing an additional 964,005 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 2,169.7% in the first quarter. Jones Financial Companies Lllp now owns 682,872 shares of the exchange traded fund’s stock valued at $33,743,000 after purchasing an additional 652,785 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 1.2% in the second quarter. Bank of America Corp DE now owns 53,150,304 shares of the exchange traded fund’s stock worth $2,462,985,000 after buying an additional 643,509 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.2%

NASDAQ:VMBS opened at $46.98 on Monday. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.65 and a 52 week high of $47.46. The business’s 50 day moving average is $47.12 and its two-hundred day moving average is $46.58.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Monday, December 1st were paid a dividend of $0.1615 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) annualized dividend and a yield of 4.1%.

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).