Bank of New York Mellon Corp Increases Stock Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Bank of New York Mellon Corp lifted its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 1.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 10,478,686 shares of the exchange traded fund’s stock after purchasing an additional 142,443 shares during the period. Bank of New York Mellon Corp’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $493,337,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Bank of America Corp DE raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 8.4% during the 3rd quarter. Bank of America Corp DE now owns 57,618,720 shares of the exchange traded fund’s stock worth $2,705,775,000 after acquiring an additional 4,468,416 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 50,924,140 shares of the exchange traded fund’s stock worth $2,391,398,000 after acquiring an additional 1,253,241 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 5.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 22,220,955 shares of the exchange traded fund’s stock worth $1,043,496,000 after acquiring an additional 1,139,467 shares in the last quarter. Assetmark Inc. raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.6% during the 3rd quarter. Assetmark Inc. now owns 8,839,027 shares of the exchange traded fund’s stock worth $415,081,000 after acquiring an additional 224,746 shares in the last quarter. Finally, Mather Group LLC. raised its stake 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 worth $330,710,000 after acquiring an additional 245,905 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.2%

NASDAQ VMBS opened at $46.58 on Thursday. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $45.23 and a 52 week high of $47.90. The company has a 50 day moving average price of $46.82 and a 200 day moving average price of $47.07.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were paid a dividend of $0.1634 per share. The ex-dividend date was Monday, June 1st. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16.

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).