PFG Advisors Has $9.31 Million Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

PFG Advisors grew its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 32.2% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 197,807 shares of the exchange traded fund’s stock after buying an additional 48,144 shares during the quarter. PFG Advisors’ holdings in Vanguard Mortgage-Backed Securities ETF were worth $9,313,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in VMBS. Bank of America Corp DE lifted its position in shares of 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 buying an additional 4,468,416 shares during the last quarter. Angeles Investment Advisors LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the third quarter worth about $90,328,000. JPMorgan Chase & Co. lifted its position in shares of 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 buying an additional 1,253,241 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 5.4% in the third quarter. Envestnet Asset Management Inc. now owns 22,220,955 shares of the exchange traded fund’s stock worth $1,043,496,000 after purchasing an additional 1,139,467 shares during the period. Finally, Woodard & Co. Asset Management Group Inc. ADV increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 1,012,969.1% in the third quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 688,887 shares of the exchange traded fund’s stock worth $32,350,000 after purchasing an additional 688,819 shares during the period.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.1%

Vanguard Mortgage-Backed Securities ETF stock opened at $47.21 on Tuesday. The business’s 50-day simple moving average is $47.18 and its 200-day simple moving average is $47.15. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $45.05 and a 52 week high of $47.90.

Vanguard Mortgage-Backed Securities ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st were paid a $0.1617 dividend. The ex-dividend date was Wednesday, April 1st.

Vanguard Mortgage-Backed Securities ETF Company 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). 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).