Vanguard Mortgage-Backed Securities ETF $VMBS Stock Position Lifted by Windward Private Wealth Management Inc.

Windward Private Wealth Management Inc. raised its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 3.7% in the first quarter, Holdings Channel reports. The firm owned 343,129 shares of the exchange traded fund’s stock after purchasing an additional 12,381 shares during the period. Vanguard Mortgage-Backed Securities ETF accounts for 5.6% of Windward Private Wealth Management Inc.’s investment portfolio, making the stock its 6th largest holding. Windward Private Wealth Management Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $16,110,000 at the end of the most recent reporting period.

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

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ VMBS opened at $46.50 on Friday. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $45.81 and a 52-week high of $47.90. The company has a 50-day simple moving average of $46.62 and a 200 day simple moving average of $46.96.

Vanguard Mortgage-Backed Securities ETF Dividend Announcement

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