Siligmueller & Norvid Wealth Advisors LLC Makes New Investment in Vanguard Mortgage-Backed Securities ETF $VMBS

Siligmueller & Norvid Wealth Advisors LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the third quarter, Holdings Channel reports. The institutional investor bought 25,308 shares of the exchange traded fund’s stock, valued at approximately $1,188,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Bank of America Corp DE increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 1.2% during 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 last quarter. JPMorgan Chase & Co. raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 2.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 50,924,140 shares of the exchange traded fund’s stock valued at $2,391,398,000 after purchasing an additional 1,253,241 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 5.4% in the third quarter. Envestnet Asset Management Inc. now owns 22,220,955 shares of the exchange traded fund’s stock worth $1,043,496,000 after purchasing an additional 1,139,467 shares during the last quarter. Bank of New York Mellon Corp grew its position in Vanguard Mortgage-Backed Securities ETF by 2.5% during the 3rd quarter. Bank of New York Mellon Corp now owns 10,336,243 shares of the exchange traded fund’s stock worth $485,390,000 after purchasing an additional 253,782 shares during the period. Finally, Assetmark Inc. grew its position in Vanguard Mortgage-Backed Securities ETF by 2.6% during the third quarter. Assetmark Inc. now owns 8,839,027 shares of the exchange traded fund’s stock valued at $415,081,000 after buying an additional 224,746 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS opened at $47.60 on Friday. The company’s 50 day simple moving average is $47.22 and its two-hundred day simple moving average is $47.03. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $44.85 and a 1-year high of $47.70.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were issued a dividend of $0.1645 per share. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis 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).