Wilmington Savings Fund Society FSB Takes Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Wilmington Savings Fund Society FSB bought a new stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the 3rd quarter, Holdings Channel reports. The institutional investor bought 6,753 shares of the exchange traded fund’s stock, valued at approximately $319,000.

Other large investors have also recently bought and sold shares of the company. Asset Dedication LLC increased its holdings in Vanguard Mortgage-Backed Securities ETF by 3,666.7% in the second quarter. Asset Dedication LLC now owns 565 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 550 shares during the last quarter. Carmichael Hill & Associates Inc. increased its holdings in Vanguard Mortgage-Backed Securities ETF by 59.7% in the second quarter. Carmichael Hill & Associates Inc. now owns 736 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 275 shares during the last quarter. Truvestments Capital LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF in the third quarter valued at $35,000. Castleview Partners LLC grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 531.9% during the third quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 734 shares during the last quarter. Finally, Armstrong Advisory Group Inc. purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter worth about $45,000.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.0 %

Shares of VMBS stock opened at $45.82 on Wednesday. The stock’s 50-day moving average is $46.01 and its two-hundred day moving average is $46.23. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $44.04 and a 1 year high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were issued a dividend of $0.153 per share. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date was Friday, November 1st. This represents a $1.84 annualized dividend and a dividend yield of 4.01%.

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).