Truist Financial Corp Purchases 15,975 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

Truist Financial Corp raised its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 3.0% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 555,126 shares of the exchange traded fund’s stock after buying an additional 15,975 shares during the period. Truist Financial Corp owned about 0.17% of Vanguard Mortgage-Backed Securities ETF worth $26,069,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Legacy Investment Solutions LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF during the second quarter valued at about $32,000. Evolution Wealth Management Inc. purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 2nd quarter valued at about $34,000. Fortitude Family Office LLC bought a new position in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at approximately $38,000. CENTRAL TRUST Co purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the 2nd quarter worth approximately $38,000. Finally, Millstone Evans Group LLC grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 103.7% in the 3rd quarter. Millstone Evans Group LLC now owns 829 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 422 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS opened at $47.24 on Friday. The stock’s 50 day moving average price is $47.15 and its 200-day moving average price is $46.89. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $44.85 and a 52-week high of $47.46.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd will be given a $0.1645 dividend. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.2%. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly 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).