Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Holdings Lifted by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI boosted its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 248.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 62,716 shares of the exchange traded fund’s stock after buying an additional 44,717 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $2,844,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at about $199,949,000. Morningstar Investment Management LLC bought a new position in Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth $116,296,000. Kovitz Investment Group Partners LLC increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 976.7% in the third quarter. Kovitz Investment Group Partners LLC now owns 2,036,034 shares of the exchange traded fund’s stock worth $95,912,000 after purchasing an additional 1,846,939 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 26.1% during the third quarter. JPMorgan Chase & Co. now owns 8,581,819 shares of the exchange traded fund’s stock worth $405,148,000 after buying an additional 1,777,531 shares during the last quarter. Finally, Intelligence Driven Advisers LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at $29,555,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of NASDAQ:VMBS opened at $46.09 on Wednesday. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $44.04 and a 1-year high of $47.59. The business’s 50 day moving average is $45.59 and its 200-day moving average is $46.06.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were issued a dividend of $0.1588 per share. The ex-dividend date was Monday, March 3rd.

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).