Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Purchased by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 69.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 84,473 shares of the exchange traded fund’s stock after acquiring an additional 34,488 shares during the quarter. Silver Oak Securities Incorporated’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $3,912,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its position 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 purchasing an additional 4,180,821 shares during the last quarter. JPMorgan Chase & Co. boosted its stake 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 buying an additional 37,928,555 shares during the period. Bank of New York Mellon Corp increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 1.7% during 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 acquiring an additional 169,602 shares during the last quarter. Assetmark Inc. raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 6.2% in the 4th quarter. Assetmark Inc. now owns 8,115,991 shares of the exchange traded fund’s stock valued at $367,979,000 after acquiring an additional 473,940 shares during the period. Finally, LPL Financial LLC lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 16.7% in the 4th quarter. LPL Financial LLC now owns 6,047,503 shares of the exchange traded fund’s stock worth $274,194,000 after acquiring an additional 866,903 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.1%

Vanguard Mortgage-Backed Securities ETF stock opened at $45.80 on Thursday. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.65 and a fifty-two week high of $47.59. The firm has a 50 day moving average price of $45.65 and a 200 day moving average price 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 paid a $0.1607 dividend. 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).