Focus Partners Wealth Purchases Shares of 2,409,074 Vanguard Mortgage-Backed Securities ETF $VMBS

Focus Partners Wealth purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 2,409,074 shares of the exchange traded fund’s stock, valued at approximately $113,419,000.

Several other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE boosted its position 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 valued at $2,705,775,000 after buying an additional 4,468,416 shares during the period. JPMorgan Chase & Co. boosted its position in Vanguard Mortgage-Backed Securities ETF by 2.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 50,924,140 shares of the exchange traded fund’s stock valued at $2,391,398,000 after buying an additional 1,253,241 shares during the period. 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 buying an additional 142,443 shares during the period. Wells Fargo & Company MN boosted its position in Vanguard Mortgage-Backed Securities ETF by 10.3% during 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 buying an additional 843,178 shares during the period. Finally, Stifel Financial Corp boosted its position in Vanguard Mortgage-Backed Securities ETF by 32.3% during 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 buying an additional 2,026,709 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of VMBS opened at $46.68 on Monday. The firm has a fifty day simple moving average of $46.79 and a two-hundred day simple moving average of $47.04. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $45.59 and a twelve month high of $47.90.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were given a dividend of $0.1634 per share. The ex-dividend date of this dividend was Monday, June 1st. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16.

Vanguard Mortgage-Backed Securities ETF 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).