26,329 Shares in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Purchased by Sykon Capital LLC

Sykon Capital LLC bought a new position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 26,329 shares of the exchange traded fund’s stock, valued at approximately $1,221,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Charles Schwab Investment Advisory Inc. boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 6.6% during the third quarter. Charles Schwab Investment Advisory Inc. now owns 132,032,863 shares of the exchange traded fund’s stock worth $5,780,399,000 after buying an additional 8,121,857 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 4.8% during the third quarter. JPMorgan Chase & Co. now owns 10,466,869 shares of the exchange traded fund’s stock worth $458,238,000 after buying an additional 480,055 shares during the period. Bank of New York Mellon Corp boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 0.7% during the third quarter. Bank of New York Mellon Corp now owns 7,794,692 shares of the exchange traded fund’s stock worth $341,252,000 after buying an additional 56,637 shares during the period. Assetmark Inc. boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 9.3% during the third quarter. Assetmark Inc. now owns 6,193,188 shares of the exchange traded fund’s stock worth $271,138,000 after buying an additional 528,714 shares during the period. Finally, Stifel Financial Corp boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 3.1% during the third quarter. Stifel Financial Corp now owns 4,903,394 shares of the exchange traded fund’s stock worth $214,671,000 after buying an additional 146,916 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of NASDAQ VMBS traded up $0.24 during midday trading on Friday, hitting $44.75. 1,142,085 shares of the company’s stock were exchanged, compared to its average volume of 1,652,305. The stock’s 50 day moving average price is $45.04 and its 200-day moving average price is $45.02. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $42.06 and a twelve month high of $47.04.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, May 6th. Shareholders of record on Thursday, May 2nd will be given a $0.148 dividend. This represents a $1.78 dividend on an annualized basis and a yield of 3.97%. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date is Wednesday, May 1st.

About Vanguard Mortgage-Backed Securities ETF

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).