456,636 Shares in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Purchased by Kestra Investment Management LLC

Kestra Investment Management LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 456,636 shares of the exchange traded fund’s stock, valued at approximately $20,731,000. Vanguard Mortgage-Backed Securities ETF makes up approximately 1.4% of Kestra Investment Management LLC’s holdings, making the stock its 21st biggest position. Kestra Investment Management LLC owned 0.12% of Vanguard Mortgage-Backed Securities ETF as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. New Century Financial Group LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF during the second quarter worth about $712,000. Advisory Alpha LLC grew its stake in Vanguard Mortgage-Backed Securities ETF by 15.5% in the second quarter. Advisory Alpha LLC now owns 944,585 shares of the exchange traded fund’s stock valued at $42,888,000 after purchasing an additional 126,763 shares in the last quarter. Truist Financial Corp grew its stake in Vanguard Mortgage-Backed Securities ETF by 0.7% in the second quarter. Truist Financial Corp now owns 715,572 shares of the exchange traded fund’s stock valued at $32,487,000 after purchasing an additional 4,811 shares in the last quarter. EP Wealth Advisors LLC grew its stake in Vanguard Mortgage-Backed Securities ETF by 94.8% in the second quarter. EP Wealth Advisors LLC now owns 15,851 shares of the exchange traded fund’s stock valued at $720,000 after purchasing an additional 7,715 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in Vanguard Mortgage-Backed Securities ETF by 1.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 39,591 shares of the exchange traded fund’s stock valued at $1,797,000 after purchasing an additional 528 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

VMBS stock opened at $47.21 on Tuesday. The business has a 50 day moving average price of $46.87 and a two-hundred day moving average price of $45.76. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $42.06 and a twelve month high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid a $0.154 dividend. This represents a $1.85 dividend on an annualized basis and a yield of 3.91%. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date was Tuesday, September 3rd.

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).