Federated Hermes Inc. Invests $5.04 Million in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Federated Hermes Inc. bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the 2nd quarter, Holdings Channel reports. The institutional investor bought 111,000 shares of the exchange traded fund’s stock, valued at approximately $5,039,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Sykon Capital LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 16.0% in the second quarter. Sykon Capital LLC now owns 80,027 shares of the exchange traded fund’s stock worth $3,633,000 after purchasing an additional 11,053 shares during the last quarter. Executive Wealth Management LLC increased its stake in Vanguard Mortgage-Backed Securities ETF by 5.4% in the 2nd quarter. Executive Wealth Management LLC now owns 1,067,722 shares of the exchange traded fund’s stock worth $48,475,000 after acquiring an additional 54,678 shares during the last quarter. Beverly Hills Private Wealth LLC boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 10.0% during the 2nd quarter. Beverly Hills Private Wealth LLC now owns 120,214 shares of the exchange traded fund’s stock valued at $5,458,000 after acquiring an additional 10,943 shares during the last quarter. PFG Advisors grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 2.8% in the second quarter. PFG Advisors now owns 126,358 shares of the exchange traded fund’s stock valued at $5,737,000 after purchasing an additional 3,501 shares in the last quarter. Finally, LPL Financial LLC increased its position in Vanguard Mortgage-Backed Securities ETF by 2.9% in the second quarter. LPL Financial LLC now owns 4,996,495 shares of the exchange traded fund’s stock worth $226,841,000 after purchasing an additional 143,135 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.2 %

Vanguard Mortgage-Backed Securities ETF stock opened at $47.34 on Thursday. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $42.06 and a 52-week high of $47.59. The firm’s fifty day moving average is $46.65 and its 200 day moving average is $45.67.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were issued a $0.154 dividend. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Tuesday, September 3rd. This represents a $1.85 dividend on an annualized basis and a dividend yield of 3.90%.

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).