Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Purchased by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. boosted its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 111.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 220,009 shares of the exchange traded fund’s stock after buying an additional 116,142 shares during the quarter. PNC Financial Services Group Inc. owned 0.06% of Vanguard Mortgage-Backed Securities ETF worth $10,200,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. LPL Financial LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 9.7% in the 3rd quarter. LPL Financial LLC now owns 4,416,122 shares of the exchange traded fund’s stock worth $193,338,000 after purchasing an additional 390,939 shares during the period. Mather Group LLC. boosted its stake in Vanguard Mortgage-Backed Securities ETF by 0.9% in the 3rd quarter. Mather Group LLC. now owns 3,021,774 shares of the exchange traded fund’s stock worth $132,293,000 after purchasing an additional 27,169 shares during the period. Harbour Investments Inc. boosted its stake in Vanguard Mortgage-Backed Securities ETF by 9.5% in the 3rd quarter. Harbour Investments Inc. now owns 26,554 shares of the exchange traded fund’s stock worth $1,163,000 after purchasing an additional 2,294 shares during the period. Pallas Capital Advisors LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 18.2% in the 4th quarter. Pallas Capital Advisors LLC now owns 460,795 shares of the exchange traded fund’s stock worth $21,362,000 after purchasing an additional 70,816 shares during the period. Finally, Schmidt P J Investment Management Inc. acquired a new position in Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth approximately $390,000.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.4 %

Vanguard Mortgage-Backed Securities ETF stock opened at $45.73 on Wednesday. The company has a 50 day moving average price of $44.87 and a 200 day moving average price of $45.36. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $42.06 and a 52 week high of $46.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 5th. Investors of record on Monday, June 3rd were paid a $0.15 dividend. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $1.80 dividend on an annualized basis and a yield of 3.94%.

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).