Bank of New York Mellon Corp Sells 60,124 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

Bank of New York Mellon Corp lessened its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 0.6% in the 1st quarter, Holdings Channel reports. The institutional investor owned 10,418,562 shares of the exchange traded fund’s stock after selling 60,124 shares during the quarter. Bank of New York Mellon Corp’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $489,151,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. City State Bank raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 0.6% in the fourth quarter. City State Bank now owns 36,957 shares of the exchange traded fund’s stock worth $1,740,000 after buying an additional 235 shares during the period. Genesis Private Wealth LLC boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 1.1% during the 1st quarter. Genesis Private Wealth LLC now owns 20,912 shares of the exchange traded fund’s stock valued at $982,000 after acquiring an additional 237 shares during the period. Maia Wealth LLC boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 2.6% during the 3rd quarter. Maia Wealth LLC now owns 9,323 shares of the exchange traded fund’s stock valued at $438,000 after acquiring an additional 240 shares during the period. Rehmann Capital Advisory Group boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 3.2% during the 4th quarter. Rehmann Capital Advisory Group now owns 7,931 shares of the exchange traded fund’s stock valued at $373,000 after acquiring an additional 243 shares during the period. Finally, Saranac Partners Ltd grew its position in Vanguard Mortgage-Backed Securities ETF by 2.1% in the 4th quarter. Saranac Partners Ltd now owns 11,728 shares of the exchange traded fund’s stock valued at $552,000 after acquiring an additional 245 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.1%

VMBS stock opened at $46.45 on Friday. The business’s fifty day simple moving average is $46.63 and its two-hundred day simple moving average is $46.96. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $45.78 and a twelve month high of $47.90.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid a $0.1645 dividend. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Wednesday, July 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).