Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Stock Position Boosted by OLD National Bancorp IN

OLD National Bancorp IN grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 9.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 148,794 shares of the exchange traded fund’s stock after purchasing an additional 12,700 shares during the period. OLD National Bancorp IN’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $7,025,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. Charles Schwab Investment Advisory Inc. raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 2.2% in the first quarter. Charles Schwab Investment Advisory Inc. now owns 134,995,733 shares of the exchange traded fund’s stock valued at $6,157,155,000 after purchasing an additional 2,856,614 shares during the period. Raymond James & Associates lifted its position in Vanguard Mortgage-Backed Securities ETF by 102.5% during the 3rd quarter. Raymond James & Associates now owns 3,431,563 shares of the exchange traded fund’s stock worth $162,004,000 after buying an additional 1,737,364 shares in the last quarter. Jane Street Group LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF during the 1st quarter worth about $57,419,000. Envestnet Asset Management Inc. raised its holdings in Vanguard Mortgage-Backed Securities ETF by 3.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 19,115,115 shares of the exchange traded fund’s stock worth $867,826,000 after purchasing an additional 659,720 shares during the last quarter. Finally, Manning & Napier Advisors LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF during the 2nd quarter worth about $22,216,000.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.1 %

Shares of VMBS stock opened at $46.43 on Monday. The stock has a 50-day moving average of $46.96 and a 200-day moving average of $45.88. Vanguard Mortgage-Backed Securities ETF has a one year low of $42.06 and a one year high of $47.59.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were given a dividend of $0.145 per share. This represents a $1.74 dividend on an annualized basis and a yield of 3.75%. The ex-dividend date of this dividend was Tuesday, October 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).