Vanguard Mortgage-Backed Securities ETF $VMBS Shares Acquired by Royal Bank of Canada

Royal Bank of Canada lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 7.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,824,039 shares of the exchange traded fund’s stock after acquiring an additional 129,035 shares during the period. Royal Bank of Canada owned 0.57% of Vanguard Mortgage-Backed Securities ETF worth $85,638,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Focus Partners Wealth acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth $113,419,000. Bank of America Corp DE increased its stake in Vanguard Mortgage-Backed Securities ETF by 3.7% in the fourth 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 period. Stifel Financial Corp raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 32.3% in the fourth quarter. Stifel Financial Corp now owns 8,298,375 shares of the exchange traded fund’s stock valued at $390,688,000 after buying an additional 2,026,709 shares during the last quarter. Alesco Advisors LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at about $71,911,000. Finally, Wells Fargo & Company MN boosted its stake in shares of 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 buying an additional 843,178 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

NASDAQ VMBS opened at $46.06 on Friday. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $45.98 and a 52-week high of $47.90. The business’s 50-day moving average price is $46.56 and its 200 day moving average price is $46.90.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

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

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).