LPL Financial LLC Acquires 136,738 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

LPL Financial LLC lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 2.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,291,178 shares of the exchange traded fund’s stock after acquiring an additional 136,738 shares during the quarter. LPL Financial LLC owned approximately 1.99% of Vanguard Mortgage-Backed Securities ETF worth $296,189,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in VMBS. Bank of America Corp DE raised its holdings in Vanguard Mortgage-Backed Securities ETF by 8.4% in the third quarter. Bank of America Corp DE now owns 57,618,720 shares of the exchange traded fund’s stock worth $2,705,775,000 after purchasing an additional 4,468,416 shares in the last quarter. Angeles Investment Advisors LLC bought a new position in Vanguard Mortgage-Backed Securities ETF in the third quarter worth $90,328,000. Alesco Advisors LLC bought a new position in Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth $71,911,000. JPMorgan Chase & Co. raised its holdings in Vanguard Mortgage-Backed Securities ETF by 2.5% in the third quarter. JPMorgan Chase & Co. now owns 50,924,140 shares of the exchange traded fund’s stock worth $2,391,398,000 after purchasing an additional 1,253,241 shares in the last quarter. Finally, Evergreen Advisors LLC bought a new position in Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth $31,346,000.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.0%

VMBS opened at $46.40 on Tuesday. The stock has a fifty day simple moving average of $46.81 and a two-hundred day simple moving average of $47.06. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $45.29 and a 12-month high of $47.90.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were issued a $0.1634 dividend. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16. The ex-dividend date was Monday, June 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). The Index covers the United States agency mortgage-backed, pass-through securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).