AXS Investments LLC Boosts Stock Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

AXS Investments LLC grew its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 54.2% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 51,370 shares of the exchange traded fund’s stock after purchasing an additional 18,059 shares during the quarter. Vanguard Mortgage-Backed Securities ETF makes up 1.0% of AXS Investments LLC’s portfolio, making the stock its 24th biggest position. AXS Investments LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $2,412,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Bank of America Corp DE raised its stake 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 buying an additional 2,147,360 shares in the last quarter. Bank of New York Mellon Corp boosted its position in Vanguard Mortgage-Backed Securities ETF by 1.4% during 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 acquiring an additional 142,443 shares in the last quarter. Wells Fargo & Company MN increased its holdings 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 acquiring an additional 843,178 shares during the period. Stifel Financial Corp increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 32.3% in the 4th quarter. Stifel Financial Corp now owns 8,298,375 shares of the exchange traded fund’s stock valued at $390,688,000 after acquiring an additional 2,026,709 shares during the period. Finally, Mather Group LLC. raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 3.6% in 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 Price Performance

VMBS opened at $46.45 on Friday. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $45.78 and a 12 month high of $47.90. The stock has a fifty day moving average price of $46.63 and a 200-day moving average price of $46.96.

Vanguard Mortgage-Backed Securities ETF Dividend Announcement

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

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).