Vanguard Mortgage-Backed Securities ETF $VMBS Shares Bought by Brighton Securities CORP.

Brighton Securities CORP. raised its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 97.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,538 shares of the exchange traded fund’s stock after buying an additional 14,588 shares during the quarter. Vanguard Mortgage-Backed Securities ETF makes up approximately 0.7% of Brighton Securities CORP.’s portfolio, making the stock its 21st biggest position. Brighton Securities CORP.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $1,387,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of VMBS. Bank of America Corp DE boosted its stake in 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 purchasing an additional 4,468,416 shares during the period. Focus Partners Wealth acquired a new position in Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at $113,419,000. Stifel Financial Corp raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 32.3% in the fourth quarter. Stifel Financial Corp now owns 8,298,375 shares of the exchange traded fund’s stock valued at $390,688,000 after buying an additional 2,026,709 shares during the last quarter. Alesco Advisors LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at about $71,911,000. Finally, Wells Fargo & Company MN boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 10.3% during the fourth quarter. Wells Fargo & Company MN now owns 9,007,305 shares of the exchange traded fund’s stock worth $424,064,000 after buying an additional 843,178 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

NASDAQ VMBS opened at $46.46 on Wednesday. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $45.69 and a 52-week high of $47.90. The business’s 50-day moving average price is $46.69 and its 200 day moving average price is $47.00.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

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

Vanguard Mortgage-Backed Securities ETF Company 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).