Truist Financial Corp Increases Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Truist Financial Corp grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 4.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 517,974 shares of the exchange traded fund’s stock after acquiring an additional 21,579 shares during the quarter. Truist Financial Corp’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $23,485,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. JPMorgan Chase & Co. raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 26.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,581,819 shares of the exchange traded fund’s stock valued at $405,148,000 after buying an additional 1,777,531 shares in the last quarter. Assetmark Inc. raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 2.8% during the 3rd quarter. Assetmark Inc. now owns 7,642,051 shares of the exchange traded fund’s stock valued at $360,781,000 after buying an additional 207,604 shares in the last quarter. Stifel Financial Corp raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 3.1% during the 3rd quarter. Stifel Financial Corp now owns 5,627,553 shares of the exchange traded fund’s stock valued at $265,677,000 after buying an additional 171,411 shares in the last quarter. LPL Financial LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 3.7% during the 3rd quarter. LPL Financial LLC now owns 5,180,600 shares of the exchange traded fund’s stock valued at $244,576,000 after buying an additional 184,105 shares in the last quarter. Finally, TD Private Client Wealth LLC raised its position in Vanguard Mortgage-Backed Securities ETF by 13.1% in the 3rd quarter. TD Private Client Wealth LLC now owns 3,260,561 shares of the exchange traded fund’s stock worth $153,931,000 after purchasing an additional 377,295 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

Vanguard Mortgage-Backed Securities ETF stock opened at $45.60 on Thursday. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $44.04 and a 1-year high of $47.59. The company’s 50-day moving average is $45.40 and its 200 day moving average is $46.13.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a $0.1598 dividend. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.15. The ex-dividend date was Monday, February 3rd.

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).