PNC Financial Services Group Inc. Boosts Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

PNC Financial Services Group Inc. raised its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 15.3% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 157,089 shares of the exchange traded fund’s stock after acquiring an additional 20,826 shares during the period. PNC Financial Services Group Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $7,375,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. DecisionPoint Financial LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at $25,000. Glen Eagle Advisors LLC boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 1,609.7% during the 4th quarter. Glen Eagle Advisors LLC now owns 530 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 499 shares during the period. Vision Retirement LLC boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 1,915.4% during the 1st quarter. Vision Retirement LLC now owns 524 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 498 shares during the period. Imprint Wealth LLC bought a new position in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at about $25,000. Finally, Ascentis Independent Advisors bought a new position in Vanguard Mortgage-Backed Securities ETF during the 1st quarter valued at about $27,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

Vanguard Mortgage-Backed Securities ETF stock opened at $46.19 on Monday. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $45.88 and a 1-year high of $47.90. The company’s 50-day moving average is $46.57 and its 200 day moving average is $46.93.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.1645 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

Vanguard Mortgage-Backed Securities ETF 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).