Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Bought by Raymond James & Associates

Raymond James & Associates lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 10.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,694,199 shares of the exchange traded fund’s stock after acquiring an additional 156,253 shares during the period. Raymond James & Associates’ holdings in Vanguard Mortgage-Backed Securities ETF were worth $76,917,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VMBS. Bradley & Co. Private Wealth Management LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth about $29,000. Headlands Technologies LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the first quarter valued at approximately $36,000. Addison Advisors LLC boosted its position in Vanguard Mortgage-Backed Securities ETF by 44.6% during the fourth quarter. Addison Advisors LLC now owns 849 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 262 shares during the last quarter. FSA Wealth Management LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the 1st quarter worth approximately $53,000. Finally, Triad Wealth Partners LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF in the 2nd quarter valued at $53,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of VMBS stock traded up $0.13 during mid-day trading on Friday, hitting $46.74. 2,117,739 shares of the company’s stock were exchanged, compared to its average volume of 1,668,305. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $42.06 and a fifty-two week high of $47.31. The stock has a 50-day simple moving average of $45.90 and a two-hundred day simple moving average of $45.39.

Vanguard Mortgage-Backed Securities ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Monday, August 5th. Shareholders of record on Thursday, August 1st were paid a $0.151 dividend. This represents a $1.81 dividend on an annualized basis and a yield of 3.88%. The ex-dividend date of this dividend was Thursday, August 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).