Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Bought by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lifted its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 0.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 778,551 shares of the exchange traded fund’s stock after buying an additional 4,052 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.20% of Vanguard Mortgage-Backed Securities ETF worth $36,755,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Asset Dedication LLC raised its holdings in Vanguard Mortgage-Backed Securities ETF by 3,666.7% in the 2nd quarter. Asset Dedication LLC now owns 565 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 550 shares during the last quarter. Carmichael Hill & Associates Inc. increased its stake in Vanguard Mortgage-Backed Securities ETF by 59.7% in the second quarter. Carmichael Hill & Associates Inc. now owns 736 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 275 shares during the last quarter. Headlands Technologies LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the first quarter worth about $36,000. Castleview Partners LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 531.9% in the 3rd quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 734 shares during the last quarter. Finally, Armstrong Advisory Group Inc. purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the 3rd quarter valued at about $45,000.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.7 %

Shares of VMBS stock opened at $45.51 on Monday. The firm’s 50-day simple moving average is $46.78 and its 200-day simple moving average is $45.97. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $43.23 and a 1-year high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st will be paid a dividend of $0.153 per share. The ex-dividend date of this dividend is Friday, November 1st. This represents a $1.84 dividend on an annualized basis and a yield of 4.03%. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15.

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).