13,478 Shares in Vanguard Mortgage-Backed Securities ETF $VMBS Acquired by BAM Wealth Management LLC

BAM Wealth Management LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 13,478 shares of the exchange traded fund’s stock, valued at approximately $633,000.

Other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. raised its position in Vanguard Mortgage-Backed Securities ETF by 2.0% in the second quarter. JPMorgan Chase & Co. now owns 49,670,899 shares of the exchange traded fund’s stock valued at $2,301,750,000 after purchasing an additional 964,005 shares during the last quarter. Woodard & Co. Asset Management Group Inc. ADV increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 1,012,969.1% in the third quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 688,887 shares of the exchange traded fund’s stock valued at $32,350,000 after buying an additional 688,819 shares during the period. Bank of America Corp DE raised its holdings in Vanguard Mortgage-Backed Securities ETF by 1.2% in the 2nd quarter. Bank of America Corp DE now owns 53,150,304 shares of the exchange traded fund’s stock valued at $2,462,985,000 after buying an additional 643,509 shares during the last quarter. Osaic Holdings Inc. raised its holdings in Vanguard Mortgage-Backed Securities ETF by 114.0% in the 2nd quarter. Osaic Holdings Inc. now owns 965,523 shares of the exchange traded fund’s stock valued at $44,750,000 after buying an additional 514,439 shares during the last quarter. Finally, Bell Bank boosted its position in Vanguard Mortgage-Backed Securities ETF by 74.3% during the 3rd quarter. Bell Bank now owns 778,461 shares of the exchange traded fund’s stock worth $36,557,000 after buying an additional 331,869 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of NASDAQ VMBS opened at $47.18 on Friday. The firm has a 50 day moving average price of $47.12 and a two-hundred day moving average price of $46.84. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $44.85 and a 52-week high of $47.46.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Investors of record on Monday, December 1st were given a dividend of $0.1615 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Monday, December 1st.

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).