City State Bank Acquires 2,170 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

City State Bank raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 4.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 48,037 shares of the exchange traded fund’s stock after purchasing an additional 2,170 shares during the quarter. City State Bank’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $2,225,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of VMBS. Allspring Global Investments Holdings LLC raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 37.1% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 208,728 shares of the exchange traded fund’s stock valued at $9,464,000 after acquiring an additional 56,504 shares during the period. Steward Partners Investment Advisory LLC raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 99.3% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 10,099 shares of the exchange traded fund’s stock valued at $458,000 after acquiring an additional 5,032 shares during the period. Blair William & Co. IL raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 93.2% in the fourth quarter. Blair William & Co. IL now owns 5,938 shares of the exchange traded fund’s stock valued at $269,000 after acquiring an additional 2,865 shares during the period. Centurion Wealth Management LLC raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 64.2% in the fourth quarter. Centurion Wealth Management LLC now owns 48,635 shares of the exchange traded fund’s stock valued at $2,205,000 after acquiring an additional 19,008 shares during the period. Finally, Farther Finance Advisors LLC raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.2% in the fourth quarter. Farther Finance Advisors LLC now owns 11,817 shares of the exchange traded fund’s stock valued at $536,000 after acquiring an additional 259 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of VMBS opened at $45.28 on Friday. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $44.65 and a twelve month high of $47.59. The company’s fifty day simple moving average is $45.71 and its 200-day simple moving average is $45.73.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, June 4th. Investors of record on Monday, June 2nd were paid a $0.1607 dividend. The ex-dividend date of this dividend was Monday, June 2nd. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16.

Vanguard Mortgage-Backed Securities ETF Profile

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).