First Financial Bankshares Inc Boosts Position in Vanguard Mortgage-Backed Securities ETF $VMBS

First Financial Bankshares Inc grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 1.4% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 948,531 shares of the exchange traded fund’s stock after buying an additional 13,444 shares during the period. First Financial Bankshares Inc owned 0.30% of Vanguard Mortgage-Backed Securities ETF worth $44,657,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in VMBS. DecisionPoint Financial LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at approximately $25,000. Imprint Wealth LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter valued at approximately $25,000. Kingdom Financial Group LLC. purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at approximately $29,000. MilWealth Group LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at approximately $30,000. Finally, Key Financial Inc increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 128.9% during the fourth quarter. Key Financial Inc now owns 641 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 361 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS opened at $46.77 on Friday. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $45.59 and a 52-week high of $47.90. The stock’s 50 day moving average price is $46.79 and its 200-day moving average price is $47.05.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were paid a $0.1634 dividend. The ex-dividend date of this dividend 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).