Vanguard Mortgage-Backed Securities ETF $VMBS Stock Position Lifted by TD Private Client Wealth LLC

TD Private Client Wealth LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 8.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 4,470,696 shares of the exchange traded fund’s stock after buying an additional 329,333 shares during the quarter. Vanguard Mortgage-Backed Securities ETF accounts for 4.7% of TD Private Client Wealth LLC’s portfolio, making the stock its 4th biggest position. TD Private Client Wealth LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $209,944,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of VMBS. Mather Group LLC. lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 6,012.2% in the second quarter. Mather Group LLC. now owns 6,470,848 shares of the exchange traded fund’s stock worth $299,859,000 after buying an additional 6,364,981 shares during the period. JPMorgan Chase & Co. raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 2.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 49,670,899 shares of the exchange traded fund’s stock worth $2,301,750,000 after acquiring an additional 964,005 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 1.2% in the 2nd quarter. Bank of America Corp DE now owns 53,150,304 shares of the exchange traded fund’s stock valued at $2,462,985,000 after purchasing an additional 643,509 shares during the period. Osaic Holdings Inc. boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 114.0% during the second quarter. Osaic Holdings Inc. now owns 965,523 shares of the exchange traded fund’s stock valued at $44,750,000 after purchasing an additional 514,439 shares in the last quarter. Finally, Bell Bank grew its stake in Vanguard Mortgage-Backed Securities ETF by 74.3% in the third quarter. Bell Bank now owns 778,461 shares of the exchange traded fund’s stock worth $36,557,000 after purchasing an additional 331,869 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $47.27 on Tuesday. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $44.65 and a 12 month high of $47.46. The business has a fifty day simple moving average of $47.10 and a two-hundred day simple moving average of $46.78.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

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

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).