4,983 Shares in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Purchased by Essex Savings Bank

Essex Savings Bank acquired a new stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the first quarter, HoldingsChannel.com reports. The fund acquired 4,983 shares of the exchange traded fund’s stock, valued at approximately $231,000.

A number of other hedge funds also recently made changes to their positions in the business. Bank of America Corp DE increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 6.1% during the 4th quarter. Bank of America Corp DE now owns 73,174,421 shares of the exchange traded fund’s stock worth $3,317,728,000 after acquiring an additional 4,180,821 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Vanguard Mortgage-Backed Securities ETF by 442.0% during the fourth quarter. JPMorgan Chase & Co. now owns 46,510,374 shares of the exchange traded fund’s stock worth $2,108,780,000 after purchasing an additional 37,928,555 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 1.7% in the fourth quarter. Bank of New York Mellon Corp now owns 10,292,783 shares of the exchange traded fund’s stock valued at $466,675,000 after purchasing an additional 169,602 shares during the last quarter. Assetmark Inc. raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 6.2% in the fourth quarter. Assetmark Inc. now owns 8,115,991 shares of the exchange traded fund’s stock valued at $367,979,000 after purchasing an additional 473,940 shares during the period. Finally, LPL Financial LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 16.7% in the fourth quarter. LPL Financial LLC now owns 6,047,503 shares of the exchange traded fund’s stock valued at $274,194,000 after purchasing an additional 866,903 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.1%

Shares of VMBS stock opened at $45.80 on Thursday. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.65 and a 52 week high of $47.59. The company has a 50-day simple moving average of $45.65 and a 200 day simple moving average of $45.71.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were issued a dividend of $0.1607 per share. The ex-dividend date was Monday, June 2nd. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16.

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).