Vanguard Mortgage-Backed Securities ETF $VMBS Shares Acquired by AXS Investments LLC

AXS Investments LLC grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 54.2% in the 1st quarter, HoldingsChannel.com reports. The firm owned 51,370 shares of the exchange traded fund’s stock after purchasing an additional 18,059 shares during the quarter. Vanguard Mortgage-Backed Securities ETF comprises approximately 1.0% of AXS Investments LLC’s portfolio, making the stock its 24th biggest position. AXS Investments LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $2,412,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Focus Partners Wealth purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth $113,419,000. Bank of America Corp DE raised its stake in Vanguard Mortgage-Backed Securities ETF by 3.7% in the fourth quarter. Bank of America Corp DE now owns 59,766,080 shares of the exchange traded fund’s stock valued at $2,813,787,000 after buying an additional 2,147,360 shares during the last quarter. Stifel Financial Corp raised its stake in Vanguard Mortgage-Backed Securities ETF by 32.3% in the fourth 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 last quarter. Alesco Advisors LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth about $71,911,000. Finally, Wells Fargo & Company MN boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 10.3% in the fourth quarter. Wells Fargo & Company MN now owns 9,007,305 shares of the exchange traded fund’s stock worth $424,064,000 after acquiring an additional 843,178 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of VMBS stock opened at $46.45 on Friday. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $45.78 and a fifty-two week high of $47.90. The stock’s 50-day simple moving average is $46.63 and its 200-day simple moving average is $46.96.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid a $0.1645 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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).