Truist Financial Corp Grows Stock Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Truist Financial Corp lifted its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 4.3% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 517,974 shares of the exchange traded fund’s stock after buying an additional 21,579 shares during the quarter. Truist Financial Corp owned approximately 0.12% of Vanguard Mortgage-Backed Securities ETF worth $23,485,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of VMBS. Alpha Financial Partners LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at about $226,000. Foundations Investment Advisors LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 122.9% during the 3rd quarter. Foundations Investment Advisors LLC now owns 61,055 shares of the exchange traded fund’s stock valued at $2,882,000 after purchasing an additional 33,661 shares during the last quarter. Private Advisor Group LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 24.9% during the 3rd quarter. Private Advisor Group LLC now owns 232,317 shares of the exchange traded fund’s stock valued at $10,968,000 after purchasing an additional 46,376 shares during the last quarter. Guidance Capital Inc. boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 20.8% during the 3rd quarter. Guidance Capital Inc. now owns 6,258 shares of the exchange traded fund’s stock valued at $291,000 after purchasing an additional 1,076 shares during the last quarter. Finally, Courier Capital LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 765.6% during the 3rd quarter. Courier Capital LLC now owns 336,457 shares of the exchange traded fund’s stock valued at $15,884,000 after purchasing an additional 297,587 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS opened at $45.60 on Thursday. The firm has a 50-day simple moving average of $45.40 and a two-hundred day simple moving average of $46.13. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.04 and a 52 week high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.1598 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.15.

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).