Financial Plan Inc. Purchases New Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Financial Plan Inc. acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 18,704 shares of the exchange traded fund’s stock, valued at approximately $878,000.

A number of other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE raised its holdings in Vanguard Mortgage-Backed Securities ETF by 3.7% in the fourth quarter. Bank of America Corp DE now owns 59,766,080 shares of the exchange traded fund’s stock worth $2,813,787,000 after purchasing an additional 2,147,360 shares during the period. Bank of New York Mellon Corp grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 1.4% in the 4th quarter. Bank of New York Mellon Corp now owns 10,478,686 shares of the exchange traded fund’s stock valued at $493,337,000 after buying an additional 142,443 shares during the period. Wells Fargo & Company MN increased its position 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 valued at $424,064,000 after buying an additional 843,178 shares in the last quarter. Stifel Financial Corp raised its stake in 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 worth $390,688,000 after buying an additional 2,026,709 shares during the period. Finally, Mather Group LLC. raised its stake in 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 buying an additional 245,905 shares during the period.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.1%

VMBS stock opened at $46.61 on Friday. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $45.69 and a 1-year high of $47.90. The business’s 50-day moving average price is $46.72 and its two-hundred day moving average price is $47.01.

Vanguard Mortgage-Backed Securities ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st will be issued a dividend of $0.1645 per share. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date is Wednesday, July 1st.

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).