Mendota Financial Group LLC Buys 19,269 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

Mendota Financial Group LLC increased its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 10.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 203,848 shares of the exchange traded fund’s stock after purchasing an additional 19,269 shares during the period. Vanguard Mortgage-Backed Securities ETF makes up 5.9% of Mendota Financial Group LLC’s holdings, making the stock its 7th biggest holding. Mendota Financial Group LLC owned 0.06% of Vanguard Mortgage-Backed Securities ETF worth $9,542,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Bank of America Corp DE grew its stake in Vanguard Mortgage-Backed Securities ETF by 3.7% during the fourth quarter. Bank of America Corp DE now owns 59,766,080 shares of the exchange traded fund’s stock worth $2,813,787,000 after buying an additional 2,147,360 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 1.4% in the 4th quarter. Bank of New York Mellon Corp now owns 10,478,686 shares of the exchange traded fund’s stock valued at $493,337,000 after buying an additional 142,443 shares in the last quarter. Wells Fargo & Company MN raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 10.3% in the 4th quarter. Wells Fargo & Company MN now owns 9,007,305 shares of the exchange traded fund’s stock valued at $424,064,000 after buying an additional 843,178 shares in the last quarter. Assetmark Inc. raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 0.7% in the 1st quarter. Assetmark Inc. now owns 8,853,123 shares of the exchange traded fund’s stock valued at $415,654,000 after buying an additional 60,256 shares in the last quarter. Finally, Stifel Financial Corp lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 32.3% during the 4th quarter. Stifel Financial Corp now owns 8,298,375 shares of the exchange traded fund’s stock worth $390,688,000 after acquiring an additional 2,026,709 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.5%

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $46.03 on Tuesday. The company has a 50 day moving average of $46.49 and a 200-day moving average of $46.85. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $45.97 and a 1-year high of $47.90.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Monday, August 3rd were given a dividend of $0.168 per share. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date was Monday, August 3rd.

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).