Independent Financial Group LLC Purchases Shares of 11,092 Vanguard Mortgage-Backed Securities ETF $VMBS

Independent Financial Group LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 11,092 shares of the exchange traded fund’s stock, valued at approximately $521,000.

Other large investors have also recently made changes to their positions in the company. Bank of America Corp DE increased its holdings in Vanguard Mortgage-Backed Securities ETF by 3.7% in the 4th quarter. Bank of America Corp DE now owns 59,766,080 shares of the exchange traded fund’s stock valued at $2,813,787,000 after purchasing an additional 2,147,360 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in Vanguard Mortgage-Backed Securities ETF by 1.4% during the fourth quarter. Bank of New York Mellon Corp now owns 10,478,686 shares of the exchange traded fund’s stock worth $493,337,000 after purchasing an additional 142,443 shares in the last quarter. Wells Fargo & Company MN lifted its stake in Vanguard Mortgage-Backed Securities ETF by 10.3% during the fourth quarter. Wells Fargo & Company MN now owns 9,007,305 shares of the exchange traded fund’s stock worth $424,064,000 after purchasing an additional 843,178 shares in the last quarter. Stifel Financial Corp boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 32.3% during the fourth quarter. Stifel Financial Corp now owns 8,298,375 shares of the exchange traded fund’s stock worth $390,688,000 after buying an additional 2,026,709 shares during the period. Finally, Mather Group LLC. boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 3.6% during the fourth quarter. Mather Group LLC. now owns 7,024,424 shares of the exchange traded fund’s stock worth $330,710,000 after buying an additional 245,905 shares during the period.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.2%

VMBS stock opened at $46.07 on Friday. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $45.81 and a 12-month high of $47.90. The business’s fifty day moving average price is $46.58 and its 200 day moving average price is $46.94.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were given a $0.1645 dividend. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Wednesday, July 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).