Hsbc Holdings PLC Buys 20,533 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

Hsbc Holdings PLC raised its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 29.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 89,156 shares of the exchange traded fund’s stock after purchasing an additional 20,533 shares during the quarter. Hsbc Holdings PLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $4,197,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Bank of America Corp DE increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 3.7% during the fourth quarter. Bank of America Corp DE now owns 59,766,080 shares of the exchange traded fund’s stock valued at $2,813,787,000 after buying an additional 2,147,360 shares during the period. Bank of New York Mellon Corp lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 1.4% in the fourth quarter. Bank of New York Mellon Corp now owns 10,478,686 shares of the exchange traded fund’s stock worth $493,337,000 after buying an additional 142,443 shares during the period. Wells Fargo & Company MN lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 10.3% in 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. Stifel Financial Corp lifted its holdings in 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 worth $390,688,000 after buying an additional 2,026,709 shares during the period. Finally, Mather Group LLC. boosted its position 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 valued at $330,710,000 after acquiring an additional 245,905 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.2%

VMBS stock opened at $46.47 on Friday. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $45.69 and a fifty-two week high of $47.90. The business’s 50 day moving average price is $46.66 and its two-hundred day moving average price is $46.99.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

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