Vanguard Mortgage-Backed Securities ETF $VMBS Stock Position Raised by Bank of America Corp DE

Bank of America Corp DE boosted its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 1.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 53,150,304 shares of the exchange traded fund’s stock after buying an additional 643,509 shares during the quarter. Bank of America Corp DE owned approximately 17.00% of Vanguard Mortgage-Backed Securities ETF worth $2,462,985,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Legacy Investment Solutions LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the second quarter worth about $32,000. CENTRAL TRUST Co acquired a new position in Vanguard Mortgage-Backed Securities ETF during the second quarter worth $38,000. Bellevue Asset Management LLC bought a new position in Vanguard Mortgage-Backed Securities ETF in the second quarter valued at approximately $39,000. AlphaCore Capital LLC increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 71.7% during the 2nd quarter. AlphaCore Capital LLC now owns 884 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 369 shares during the last quarter. Finally, Traub Capital Management LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the second quarter valued at approximately $60,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ VMBS opened at $46.98 on Friday. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $44.65 and a 52-week high of $47.46. The firm has a 50-day moving average of $47.12 and a 200-day moving average of $46.56.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Monday, December 1st were issued a $0.1615 dividend. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Monday, December 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).