WNY Asset Management LLC Takes $593,000 Position in Vanguard Mortgage-Backed Securities ETF $VMBS

WNY Asset Management LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the 1st quarter, HoldingsChannel reports. The institutional investor acquired 12,622 shares of the exchange traded fund’s stock, valued at approximately $593,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE raised its stake in Vanguard Mortgage-Backed Securities ETF by 3.7% in the fourth quarter. Bank of America Corp DE now owns 59,766,080 shares of the exchange traded fund’s stock valued at $2,813,787,000 after buying an additional 2,147,360 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 1.4% during the 4th quarter. Bank of New York Mellon Corp now owns 10,478,686 shares of the exchange traded fund’s stock worth $493,337,000 after buying an additional 142,443 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 10.3% during the 4th quarter. Wells Fargo & Company MN now owns 9,007,305 shares of the exchange traded fund’s stock worth $424,064,000 after acquiring an additional 843,178 shares in the last quarter. Assetmark Inc. boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 0.7% during the 1st quarter. Assetmark Inc. now owns 8,853,123 shares of the exchange traded fund’s stock worth $415,654,000 after acquiring an additional 60,256 shares in the last quarter. Finally, Stifel Financial Corp increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 32.3% in the 4th quarter. Stifel Financial Corp now owns 8,298,375 shares of the exchange traded fund’s stock valued at $390,688,000 after acquiring an additional 2,026,709 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of NASDAQ VMBS opened at $46.06 on Friday. The stock’s 50-day simple moving average is $46.56 and its 200-day simple moving average is $46.90. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $45.98 and a fifty-two week high of $47.90.

Vanguard Mortgage-Backed Securities ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were paid a $0.1645 dividend. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date was Wednesday, July 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).