Vanguard Mortgage-Backed Securities ETF $VMBS Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC boosted its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 5.6% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 971,693 shares of the exchange traded fund’s stock after buying an additional 51,107 shares during the period. Janney Montgomery Scott LLC owned approximately 0.30% of Vanguard Mortgage-Backed Securities ETF worth $45,621,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 8.4% in the 3rd 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 acquiring an additional 4,468,416 shares during the period. Focus Partners Wealth acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth about $113,419,000. Stifel Financial Corp raised its holdings in Vanguard Mortgage-Backed Securities ETF by 32.3% during the fourth quarter. Stifel Financial Corp now owns 8,298,375 shares of the exchange traded fund’s stock worth $390,688,000 after purchasing an additional 2,026,709 shares in the last quarter. Alesco Advisors LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth about $71,911,000. Finally, Wells Fargo & Company MN lifted its position in Vanguard Mortgage-Backed Securities ETF by 10.3% in the fourth quarter. Wells Fargo & Company MN now owns 9,007,305 shares of the exchange traded fund’s stock valued at $424,064,000 after purchasing an additional 843,178 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of VMBS opened at $46.98 on Monday. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $45.69 and a twelve month high of $47.90. The stock’s 50 day moving average is $46.75 and its two-hundred day moving average is $47.02.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were issued a $0.1634 dividend. The ex-dividend date of this dividend was Monday, June 1st. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16.

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).