Vanguard Mortgage-Backed Securities ETF $VMBS Position Boosted by Fifth Third Bancorp

Fifth Third Bancorp lifted its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 3,637.1% during the 1st quarter, HoldingsChannel.com reports. The firm owned 65,922 shares of the exchange traded fund’s stock after acquiring an additional 64,158 shares during the quarter. Fifth Third Bancorp’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $3,095,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in VMBS. City State Bank lifted its stake in Vanguard Mortgage-Backed Securities ETF by 0.6% during the fourth quarter. City State Bank now owns 36,957 shares of the exchange traded fund’s stock valued at $1,740,000 after purchasing an additional 235 shares during the last quarter. Genesis Private Wealth LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 1.1% in the first quarter. Genesis Private Wealth LLC now owns 20,912 shares of the exchange traded fund’s stock valued at $982,000 after buying an additional 237 shares in the last quarter. Maia Wealth LLC lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 2.6% during the 3rd quarter. Maia Wealth LLC now owns 9,323 shares of the exchange traded fund’s stock valued at $438,000 after acquiring an additional 240 shares during the last quarter. Rehmann Capital Advisory Group lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 3.2% during the 4th quarter. Rehmann Capital Advisory Group now owns 7,931 shares of the exchange traded fund’s stock valued at $373,000 after acquiring an additional 243 shares during the last quarter. Finally, Saranac Partners Ltd boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.1% during the 4th quarter. Saranac Partners Ltd now owns 11,728 shares of the exchange traded fund’s stock worth $552,000 after acquiring an additional 245 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of NASDAQ VMBS opened at $46.50 on Monday. The stock’s fifty day simple moving average is $46.62 and its 200 day simple moving average is $46.96. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $45.81 and a 52-week high of $47.90.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

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