Vanguard Mortgage-Backed Securities ETF $VMBS Stake Lifted by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 2.5% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 50,924,140 shares of the exchange traded fund’s stock after buying an additional 1,253,241 shares during the quarter. JPMorgan Chase & Co. owned approximately 15.58% of Vanguard Mortgage-Backed Securities ETF worth $2,391,398,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Evolution Wealth Management Inc. acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 2nd quarter worth about $34,000. Tidemark LLC increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 665.4% in the third quarter. Tidemark LLC now owns 796 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 692 shares during the period. CENTRAL TRUST Co bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the second quarter valued at approximately $38,000. Fortitude Family Office LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter worth approximately $38,000. Finally, Millstone Evans Group LLC boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 103.7% during the third quarter. Millstone Evans Group LLC now owns 829 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 422 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

VMBS opened at $47.70 on Monday. The stock’s 50 day moving average price is $47.16 and its 200 day moving average price is $46.99. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $44.85 and a 12 month high of $47.70.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were paid a dividend of $0.1645 per share. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Monday, February 2nd.

Vanguard Mortgage-Backed Securities ETF Company 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). 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).