Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Stock Position Boosted by Charles Schwab Investment Advisory Inc.

Charles Schwab Investment Advisory Inc. increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 0.1% in the fourth quarter, Holdings Channel reports. The firm owned 132,139,119 shares of the exchange traded fund’s stock after acquiring an additional 106,256 shares during the period. Vanguard Mortgage-Backed Securities ETF makes up 8.8% of Charles Schwab Investment Advisory Inc.’s portfolio, making the stock its 2nd biggest position. Charles Schwab Investment Advisory Inc. owned 0.34% of Vanguard Mortgage-Backed Securities ETF worth $6,125,970,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. Sugarloaf Wealth Management LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth $27,000. Bradley & Co. Private Wealth Management LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth approximately $29,000. Addison Advisors LLC increased its holdings in Vanguard Mortgage-Backed Securities ETF by 44.6% during the 4th quarter. Addison Advisors LLC now owns 849 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 262 shares during the last quarter. SouthState Corp acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter valued at approximately $57,000. Finally, Citigroup Inc. boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 194.0% during the 3rd quarter. Citigroup Inc. now owns 1,379 shares of the exchange traded fund’s stock valued at $60,000 after buying an additional 910 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.1 %

Shares of NASDAQ:VMBS traded down $0.06 during midday trading on Wednesday, reaching $44.83. The company had a trading volume of 764,388 shares, compared to its average volume of 1,662,361. The stock’s fifty day moving average price is $45.02 and its 200-day moving average price is $45.07. Vanguard Mortgage-Backed Securities ETF has a one year low of $42.06 and a one year high of $46.95.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd were given a $0.148 dividend. The ex-dividend date of this dividend was Wednesday, May 1st. This represents a $1.78 annualized dividend and a dividend yield of 3.96%. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15.

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).