Vanguard Mortgage-Backed Securities ETF $VMBS Shares Purchased by Claro Advisors Inc.

Claro Advisors Inc. increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 28.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 59,851 shares of the exchange traded fund’s stock after buying an additional 13,267 shares during the period. Claro Advisors Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $2,818,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of VMBS. Bank of America Corp DE grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 8.4% during the 3rd quarter. Bank of America Corp DE now owns 57,618,720 shares of the exchange traded fund’s stock valued at $2,705,775,000 after acquiring an additional 4,468,416 shares during the period. Focus Partners Wealth acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at about $113,419,000. Stifel Financial Corp grew its position 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 valued at $390,688,000 after acquiring an additional 2,026,709 shares during the period. Alesco Advisors LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at about $71,911,000. Finally, Wells Fargo & Company MN grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 10.3% during 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 acquiring an additional 843,178 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ:VMBS opened at $46.61 on Thursday. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $45.69 and a 52 week high of $47.90. The stock’s 50-day moving average price is $46.78 and its 200-day moving average price is $47.03.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were paid a dividend of $0.1634 per share. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16. The ex-dividend date was Monday, June 1st.

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).