9,384 Shares in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Purchased by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 9,384 shares of the exchange traded fund’s stock, valued at approximately $435,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of VMBS. JPMorgan Chase & Co. lifted its stake in Vanguard Mortgage-Backed Securities ETF by 442.0% during the 4th quarter. JPMorgan Chase & Co. now owns 46,510,374 shares of the exchange traded fund’s stock valued at $2,108,780,000 after acquiring an additional 37,928,555 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth $199,949,000. Bank of America Corp DE lifted its position in Vanguard Mortgage-Backed Securities ETF by 6.1% during the fourth quarter. Bank of America Corp DE now owns 73,174,421 shares of the exchange traded fund’s stock valued at $3,317,728,000 after purchasing an additional 4,180,821 shares during the period. Wealthfront Advisers LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at $140,368,000. Finally, Morningstar Investment Management LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth about $116,296,000.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.1%

NASDAQ VMBS opened at $45.80 on Thursday. The stock has a 50-day simple moving average of $45.65 and a two-hundred day simple moving average of $45.71. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.65 and a fifty-two week high of $47.59.

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 given a dividend of $0.1607 per share. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16. The ex-dividend date was Monday, June 2nd.

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).