Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Acquired by First Interstate Bank

First Interstate Bank increased its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 11.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,028,551 shares of the exchange traded fund’s stock after acquiring an additional 108,701 shares during the quarter. Vanguard Mortgage-Backed Securities ETF makes up about 2.9% of First Interstate Bank’s portfolio, making the stock its 12th biggest holding. First Interstate Bank owned approximately 0.27% of Vanguard Mortgage-Backed Securities ETF worth $48,558,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of VMBS. Charles Schwab Investment Advisory Inc. increased its stake in Vanguard Mortgage-Backed Securities ETF by 2.2% during the first quarter. Charles Schwab Investment Advisory Inc. now owns 134,995,733 shares of the exchange traded fund’s stock worth $6,157,155,000 after acquiring an additional 2,856,614 shares during the last quarter. Raymond James & Associates lifted its position in Vanguard Mortgage-Backed Securities ETF by 102.5% in the third quarter. Raymond James & Associates now owns 3,431,563 shares of the exchange traded fund’s stock valued at $162,004,000 after buying an additional 1,737,364 shares during the last quarter. Jane Street Group LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the first quarter worth about $57,419,000. Envestnet Asset Management Inc. increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 3.6% during the second quarter. Envestnet Asset Management Inc. now owns 19,115,115 shares of the exchange traded fund’s stock valued at $867,826,000 after acquiring an additional 659,720 shares during the last quarter. Finally, Manning & Napier Advisors LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 2nd quarter valued at approximately $22,216,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of VMBS stock traded down $0.15 during trading hours on Friday, hitting $45.51. The company had a trading volume of 1,962,324 shares, compared to its average volume of 1,613,989. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $43.23 and a fifty-two week high of $47.59. The company’s fifty day moving average is $46.78 and its 200 day moving average is $45.94.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, November 5th. Investors of record on Friday, November 1st will be issued a dividend of $0.153 per share. This represents a $1.84 dividend on an annualized basis and a yield of 4.03%. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date is Friday, November 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).