OLD National Bancorp IN Buys 17,822 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

OLD National Bancorp IN boosted its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 8.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 238,092 shares of the exchange traded fund’s stock after purchasing an additional 17,822 shares during the quarter. OLD National Bancorp IN owned about 0.07% of Vanguard Mortgage-Backed Securities ETF worth $11,181,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Legacy Investment Solutions LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 2nd quarter valued at about $32,000. Evolution Wealth Management Inc. acquired a new position in Vanguard Mortgage-Backed Securities ETF during the second quarter valued at approximately $34,000. CENTRAL TRUST Co bought a new stake in Vanguard Mortgage-Backed Securities ETF in the second quarter valued at approximately $38,000. Bellevue Asset Management LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF in the second quarter valued at approximately $39,000. Finally, AlphaCore Capital LLC raised its holdings in Vanguard Mortgage-Backed Securities ETF by 71.7% in the second quarter. AlphaCore Capital LLC now owns 884 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 369 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

VMBS opened at $47.03 on Tuesday. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $44.65 and a 12 month high of $47.46. The company has a fifty day simple moving average of $47.13 and a 200 day simple moving average of $46.64.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Monday, December 1st were issued a $0.1615 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Monday, December 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).