Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Bought by First Financial Bankshares Inc

First Financial Bankshares Inc raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 26.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 863,344 shares of the exchange traded fund’s stock after acquiring an additional 179,505 shares during the quarter. First Financial Bankshares Inc owned approximately 0.22% of Vanguard Mortgage-Backed Securities ETF worth $40,758,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Richardson Financial Services Inc. boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 59.8% in the 3rd quarter. Richardson Financial Services Inc. now owns 6,360 shares of the exchange traded fund’s stock valued at $293,000 after purchasing an additional 2,380 shares during the period. J.W. Cole Advisors Inc. increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 12.3% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 44,121 shares of the exchange traded fund’s stock valued at $2,083,000 after acquiring an additional 4,817 shares during the period. Ellis Investment Partners LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the 3rd quarter valued at $355,000. PFG Investments LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter worth $491,000. Finally, Consolidated Portfolio Review Corp increased its stake in Vanguard Mortgage-Backed Securities ETF by 5.7% in the third quarter. Consolidated Portfolio Review Corp now owns 83,131 shares of the exchange traded fund’s stock valued at $3,925,000 after purchasing an additional 4,507 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.1 %

Shares of NASDAQ:VMBS opened at $45.96 on Monday. Vanguard Mortgage-Backed Securities ETF has a one year low of $42.40 and a one year high of $47.59. The company has a 50-day simple moving average of $46.89 and a 200-day simple moving average of $45.92.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were given a dividend of $0.145 per share. The ex-dividend date was Tuesday, October 1st. This represents a $1.74 dividend on an annualized basis and a yield of 3.79%.

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).