First Financial Bankshares Inc Raises Stock Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

First Financial Bankshares Inc increased its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 1.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 948,531 shares of the exchange traded fund’s stock after purchasing an additional 13,444 shares during the period. First Financial Bankshares Inc’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $44,657,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VMBS. Bank of America Corp DE grew its stake in Vanguard Mortgage-Backed Securities ETF by 8.4% in the third quarter. Bank of America Corp DE now owns 57,618,720 shares of the exchange traded fund’s stock worth $2,705,775,000 after purchasing an additional 4,468,416 shares during the period. Angeles Investment Advisors LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the third quarter worth $90,328,000. Alesco Advisors LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth $71,911,000. JPMorgan Chase & Co. grew its stake in Vanguard Mortgage-Backed Securities ETF by 2.5% in the third quarter. JPMorgan Chase & Co. now owns 50,924,140 shares of the exchange traded fund’s stock worth $2,391,398,000 after purchasing an additional 1,253,241 shares during the period. Finally, Evergreen Advisors LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth $31,346,000.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.6%

Shares of VMBS stock opened at $46.77 on Friday. The business’s fifty day moving average is $46.79 and its 200 day moving average is $47.05. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $45.59 and a twelve month high of $47.90.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were issued a $0.1634 dividend. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Monday, June 1st.

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).