Vanguard Mortgage-Backed Securities ETF $VMBS Shares Purchased by Jones Financial Companies Lllp

Jones Financial Companies Lllp raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 49.8% in the 3rd quarter, Holdings Channel reports. The firm owned 61,285 shares of the exchange traded fund’s stock after purchasing an additional 20,371 shares during the quarter. Jones Financial Companies Lllp’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $2,876,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently modified their holdings of VMBS. Bristlecone Advisors LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at $591,000. 1834 Investment Advisors Co. increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 6.6% during the third quarter. 1834 Investment Advisors Co. now owns 270,166 shares of the exchange traded fund’s stock valued at $12,687,000 after purchasing an additional 16,663 shares during the period. Parker Financial LLC raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 3.4% during the second quarter. Parker Financial LLC now owns 125,107 shares of the exchange traded fund’s stock valued at $5,798,000 after purchasing an additional 4,085 shares in the last quarter. Bell Bank raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 74.3% during the third quarter. Bell Bank now owns 778,461 shares of the exchange traded fund’s stock valued at $36,557,000 after purchasing an additional 331,869 shares in the last quarter. Finally, First Interstate Bank lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 2.1% in the third quarter. First Interstate Bank now owns 1,268,396 shares of the exchange traded fund’s stock worth $59,564,000 after purchasing an additional 25,655 shares during the period.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.0%

Shares of VMBS opened at $47.22 on Monday. The firm has a 50-day moving average price of $47.12 and a 200 day moving average price of $46.94. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $44.85 and a 52-week high of $47.46.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were paid a dividend of $0.1645 per share. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Monday, February 2nd.

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). The Index covers the United States agency mortgage-backed, pass-through securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).