Pinnacle Financial Partners Inc Boosts Stock Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Pinnacle Financial Partners Inc boosted its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 38.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 6,133 shares of the exchange traded fund’s stock after purchasing an additional 1,704 shares during the quarter. Pinnacle Financial Partners Inc’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $278,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of VMBS. Fisher Asset Management LLC increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 0.3% during the third quarter. Fisher Asset Management LLC now owns 78,094 shares of the exchange traded fund’s stock worth $3,687,000 after purchasing an additional 229 shares in the last quarter. Ellis Investment Partners LLC increased its position in Vanguard Mortgage-Backed Securities ETF by 3.4% during the fourth quarter. Ellis Investment Partners LLC now owns 7,764 shares of the exchange traded fund’s stock worth $352,000 after buying an additional 252 shares during the period. Concurrent Investment Advisors LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF by 0.7% in the third quarter. Concurrent Investment Advisors LLC now owns 47,158 shares of the exchange traded fund’s stock valued at $2,226,000 after buying an additional 309 shares during the last quarter. Brighton Jones LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 4.6% in the fourth quarter. Brighton Jones LLC now owns 7,833 shares of the exchange traded fund’s stock valued at $355,000 after acquiring an additional 347 shares during the period. Finally, Hancock Whitney Corp grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 0.6% during the third quarter. Hancock Whitney Corp now owns 57,438 shares of the exchange traded fund’s stock worth $2,712,000 after acquiring an additional 354 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.5 %

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $45.94 on Monday. The firm’s fifty day simple moving average is $45.39 and its 200-day simple moving average is $46.11. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $44.04 and a 12 month high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were given a dividend of $0.1598 per share. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Monday, February 3rd.

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).