First Interstate Bank Has $64.77 Million Stake in Vanguard Mortgage-Backed Securities ETF $VMBS

First Interstate Bank raised its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 3.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,379,528 shares of the exchange traded fund’s stock after acquiring an additional 44,564 shares during the period. Vanguard Mortgage-Backed Securities ETF makes up 3.6% of First Interstate Bank’s portfolio, making the stock its 11th biggest holding. First Interstate Bank owned approximately 0.43% of Vanguard Mortgage-Backed Securities ETF worth $64,769,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. DecisionPoint Financial LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth about $25,000. Glen Eagle Advisors LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 1,609.7% during the 4th quarter. Glen Eagle Advisors LLC now owns 530 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 499 shares during the period. Imprint Wealth LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the 3rd quarter valued at approximately $25,000. Ascentis Independent Advisors acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the 1st quarter valued at approximately $27,000. Finally, Kingdom Financial Group LLC. bought a new position in Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth approximately $29,000.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.2%

Shares of VMBS stock opened at $46.37 on Thursday. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $45.69 and a 12 month high of $47.90. The stock has a 50 day moving average of $46.68 and a 200-day moving average of $46.99.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were given a dividend of $0.1645 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 4.3%.

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). 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).