JW Cole Advisors Inc. increased its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS – free report) by 67.8% during the first quarter, according to its latest filing with the Securities and Exchange Commission (SEC). The firm bought an additional 12,805 shares during the quarter, bringing its holdings to 31,678 shares of the exchange-traded fund. JW Cole Advisors Inc.'s holdings in Vanguard Mortgage-Backed Securities ETF were worth $1,445,000 at the end of the most recent quarter.
Other hedge funds and institutional investors have also recently bought and sold shares of VMBS. SWS Partners increased its holdings in Vanguard Mortgage-Backed Securities ETF by 2.0% in the first quarter. SWS Partners now owns 100,296 shares of the exchange-traded fund valued at $4,575,000 after acquiring an additional 1,922 shares during the period. LifePlan Financial LLC increased its holdings in Vanguard Mortgage-Backed Securities ETF by 24.2% in the first quarter. LifePlan Financial LLC now owns 31,539 shares of the exchange-traded fund valued at $1,438,000 after purchasing an additional 6,155 shares last quarter. Turtle Creek Wealth Advisors LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the first quarter valued at $279,000. Fountainhead AM LLC increased its holdings in Vanguard Mortgage-Backed Securities ETF by 8.1% during the first quarter. Fountainhead AM LLC now owns 232,634 shares of the exchange-traded fund valued at $10,610,000 after purchasing an additional 17,333 shares in the last quarter. Finally, Delta Financial Group Inc. acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the first quarter worth $306,000.
Vanguard Mortgage-Backed Securities ETF Stock Performance
Shares of NASDAQ:VMBS opened trading at $45.53 on Friday. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $42.06 and a 12-month high of $46.59. The company’s 50-day moving average is $45.15 and its 200-day moving average is $45.36.
Vanguard Mortgage-Backed Securities ETF Increases Dividend
The company also recently declared a monthly dividend, which was paid on Wednesday, July 3rd. Shareholders of record on Monday, July 1st were paid a dividend of $0.151. This equates to a dividend of $1.81 on an annualized basis, or a yield of 3.98%. This is a positive change from Vanguard Mortgage-Backed Securities ETF's previous monthly dividend of $0.15. The ex-dividend date was Monday, July 1st.
Vanguard Mortgage-Backed Securities ETF Profile
(Free report)
The Vanguard Mortgage Backed Securities ETF (the Fund) seeks to track the performance of a market-weighted mortgage-backed securities index. The Fund employs a passively managed or index investing approach designed to track the performance of the Barclays Capital US MBS Float Adjusted Index (the Index).
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