Vanguard Mortgage-Backed Securities ETF $VMBS Shares Sold by Bank of America Corp DE

Bank of America Corp DE cut its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 5.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 56,308,060 shares of the exchange traded fund’s stock after selling 3,458,020 shares during the quarter. Bank of America Corp DE owned about 0.18% of Vanguard Mortgage-Backed Securities ETF worth $2,643,663,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of VMBS. Centaurus Financial Inc. purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 1st quarter valued at about $182,000. Strategic Investment Advisors MI boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 72.2% in the 1st quarter. Strategic Investment Advisors MI now owns 401,252 shares of the exchange traded fund’s stock worth $18,830,000 after acquiring an additional 168,269 shares during the period. Ashton Thomas Securities LLC boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 2.6% in the 1st quarter. Ashton Thomas Securities LLC now owns 16,451 shares of the exchange traded fund’s stock worth $772,000 after acquiring an additional 423 shares during the period. EverSource Wealth Advisors LLC grew its position in Vanguard Mortgage-Backed Securities ETF by 92.1% in the first quarter. EverSource Wealth Advisors LLC now owns 384,290 shares of the exchange traded fund’s stock valued at $18,042,000 after acquiring an additional 184,230 shares in the last quarter. Finally, Talon Private Wealth LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the first quarter valued at approximately $597,000.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.4%

VMBS opened at $46.19 on Thursday. The firm’s 50 day moving average is $46.57 and its 200-day moving average is $46.91. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $46.00 and a 52-week high of $47.90.

Vanguard Mortgage-Backed Securities ETF Dividend Announcement

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

Vanguard Mortgage-Backed Securities ETF 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).