Thrivent Financial for Lutherans Raises Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

Thrivent Financial for Lutherans lifted its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 1,957.5% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 200,850 shares of the exchange traded fund’s stock after purchasing an additional 191,088 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Vanguard Mortgage-Backed Securities ETF were worth $9,432,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of VMBS. JPMorgan Chase & Co. raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.0% in the second quarter. JPMorgan Chase & Co. now owns 49,670,899 shares of the exchange traded fund’s stock valued at $2,301,750,000 after acquiring an additional 964,005 shares in the last quarter. Woodard & Co. Asset Management Group Inc. ADV raised its holdings in Vanguard Mortgage-Backed Securities ETF by 1,012,969.1% during the third quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 688,887 shares of the exchange traded fund’s stock worth $32,350,000 after purchasing an additional 688,819 shares in the last quarter. Bank of America Corp DE raised its stake in Vanguard Mortgage-Backed Securities ETF by 1.2% during the 2nd quarter. Bank of America Corp DE now owns 53,150,304 shares of the exchange traded fund’s stock worth $2,462,985,000 after acquiring an additional 643,509 shares in the last quarter. Osaic Holdings Inc. increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 114.0% during the second quarter. Osaic Holdings Inc. now owns 965,523 shares of the exchange traded fund’s stock worth $44,750,000 after purchasing an additional 514,439 shares in the last quarter. Finally, Bell Bank increased its position in Vanguard Mortgage-Backed Securities ETF by 74.3% during the third quarter. Bell Bank now owns 778,461 shares of the exchange traded fund’s stock worth $36,557,000 after buying an additional 331,869 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Vanguard Mortgage-Backed Securities ETF stock opened at $47.20 on Friday. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $44.85 and a 12 month high of $47.46. The business has a 50 day simple moving average of $47.13 and a 200-day simple moving average of $46.92.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.1645 per share. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Monday, February 2nd.

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). 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).