Bank of New York Mellon Corp Sells 60,124 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

Bank of New York Mellon Corp lowered its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 0.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,418,562 shares of the exchange traded fund’s stock after selling 60,124 shares during the period. Bank of New York Mellon Corp owned approximately 3.27% of Vanguard Mortgage-Backed Securities ETF worth $489,151,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in VMBS. Bank of America Corp DE lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 3.7% in the 4th quarter. Bank of America Corp DE now owns 59,766,080 shares of the exchange traded fund’s stock valued at $2,813,787,000 after purchasing an additional 2,147,360 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 10.3% in the 4th quarter. Wells Fargo & Company MN now owns 9,007,305 shares of the exchange traded fund’s stock worth $424,064,000 after purchasing an additional 843,178 shares during the period. Stifel Financial Corp increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 32.3% during the 4th quarter. Stifel Financial Corp now owns 8,298,375 shares of the exchange traded fund’s stock valued at $390,688,000 after purchasing an additional 2,026,709 shares during the last quarter. Mather Group LLC. increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 3.6% during the 4th quarter. Mather Group LLC. now owns 7,024,424 shares of the exchange traded fund’s stock valued at $330,710,000 after purchasing an additional 245,905 shares during the last quarter. Finally, LPL Financial LLC raised its holdings in Vanguard Mortgage-Backed Securities ETF by 2.2% during the 4th quarter. LPL Financial LLC now owns 6,291,178 shares of the exchange traded fund’s stock valued at $296,189,000 after buying an additional 136,738 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ:VMBS opened at $46.45 on Friday. The stock’s fifty day moving average is $46.63 and its 200 day moving average is $46.96. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $45.78 and a fifty-two week high of $47.90.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were paid a $0.1645 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 4.2%.

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).