16,593 Shares in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Bought by MGO One Seven LLC

MGO One Seven LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the fourth quarter, Holdings Channel reports. The firm purchased 16,593 shares of the exchange traded fund’s stock, valued at approximately $752,000.

Several other institutional investors have also recently bought and sold shares of the business. Allspring Global Investments Holdings LLC raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 37.1% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 208,728 shares of the exchange traded fund’s stock worth $9,464,000 after acquiring an additional 56,504 shares during the last quarter. Atomi Financial Group Inc. raised its position in Vanguard Mortgage-Backed Securities ETF by 13.0% in the 4th quarter. Atomi Financial Group Inc. now owns 5,695 shares of the exchange traded fund’s stock valued at $258,000 after buying an additional 654 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF by 99.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 10,099 shares of the exchange traded fund’s stock valued at $458,000 after acquiring an additional 5,032 shares in the last quarter. Park Avenue Securities LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF by 7.1% during the 4th quarter. Park Avenue Securities LLC now owns 10,630 shares of the exchange traded fund’s stock valued at $482,000 after acquiring an additional 708 shares in the last quarter. Finally, Blair William & Co. IL grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 93.2% in the 4th quarter. Blair William & Co. IL now owns 5,938 shares of the exchange traded fund’s stock worth $269,000 after acquiring an additional 2,865 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.4 %

Shares of VMBS stock opened at $46.12 on Friday. Vanguard Mortgage-Backed Securities ETF has a one year low of $44.12 and a one year high of $47.59. The firm has a 50-day moving average of $46.00 and a 200-day moving average of $45.80.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were given a dividend of $0.164 per share. The ex-dividend date was Tuesday, April 1st. This represents a $1.97 annualized dividend and a dividend yield of 4.27%. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15.

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).