Courier Capital LLC Acquires 11,335 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Courier Capital LLC grew its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 2.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 460,252 shares of the exchange traded fund’s stock after purchasing an additional 11,335 shares during the quarter. Vanguard Mortgage-Backed Securities ETF comprises 1.6% of Courier Capital LLC’s portfolio, making the stock its 10th biggest holding. Courier Capital LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $21,337,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in VMBS. OmniStar Financial Group Inc. raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.4% in the fourth quarter. OmniStar Financial Group Inc. now owns 10,590 shares of the exchange traded fund’s stock valued at $491,000 after acquiring an additional 248 shares during the last quarter. Cultivar Capital Inc. bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at approximately $397,000. HBW Advisory Services LLC raised its position in Vanguard Mortgage-Backed Securities ETF by 5.0% in the 4th quarter. HBW Advisory Services LLC now owns 6,079 shares of the exchange traded fund’s stock worth $282,000 after purchasing an additional 287 shares during the last quarter. Security Financial Services INC. raised its position in Vanguard Mortgage-Backed Securities ETF by 6.9% in the 4th quarter. Security Financial Services INC. now owns 27,014 shares of the exchange traded fund’s stock worth $1,252,000 after purchasing an additional 1,748 shares during the last quarter. Finally, Raymond James & Associates raised its position in Vanguard Mortgage-Backed Securities ETF by 4.4% in the 4th quarter. Raymond James & Associates now owns 1,584,543 shares of the exchange traded fund’s stock worth $73,459,000 after purchasing an additional 67,453 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

VMBS stock opened at $45.75 on Thursday. The company has a 50 day moving average price of $45.50 and a 200 day moving average price of $44.85. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $42.06 and a fifty-two week high of $47.21.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 6th. Shareholders of record on Monday, March 4th were given a dividend of $0.1453 per share. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.14. The ex-dividend date of this dividend was Friday, March 1st. This represents a $1.74 annualized dividend and a dividend yield of 3.81%.

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).