Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Sold by Sovereign Financial Group Inc.

Sovereign Financial Group Inc. lessened its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 1.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 86,121 shares of the exchange traded fund’s stock after selling 1,182 shares during the period. Vanguard Mortgage-Backed Securities ETF accounts for approximately 0.9% of Sovereign Financial Group Inc.’s holdings, making the stock its 22nd biggest position. Sovereign Financial Group Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $3,905,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 26.1% during the third quarter. JPMorgan Chase & Co. now owns 8,581,819 shares of the exchange traded fund’s stock valued at $405,148,000 after purchasing an additional 1,777,531 shares during the last quarter. Assetmark Inc. boosted its position in Vanguard Mortgage-Backed Securities ETF by 2.8% during the 3rd quarter. Assetmark Inc. now owns 7,642,051 shares of the exchange traded fund’s stock valued at $360,781,000 after purchasing an additional 207,604 shares during the period. Stifel Financial Corp grew its stake in Vanguard Mortgage-Backed Securities ETF by 3.1% during the 3rd quarter. Stifel Financial Corp now owns 5,627,553 shares of the exchange traded fund’s stock worth $265,677,000 after buying an additional 171,411 shares during the last quarter. LPL Financial LLC increased its position in Vanguard Mortgage-Backed Securities ETF by 3.7% in the third quarter. LPL Financial LLC now owns 5,180,600 shares of the exchange traded fund’s stock worth $244,576,000 after buying an additional 184,105 shares during the period. Finally, Raymond James & Associates lifted its stake in Vanguard Mortgage-Backed Securities ETF by 102.5% in the third quarter. Raymond James & Associates now owns 3,431,563 shares of the exchange traded fund’s stock valued at $162,004,000 after buying an additional 1,737,364 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Vanguard Mortgage-Backed Securities ETF stock opened at $44.77 on Wednesday. Vanguard Mortgage-Backed Securities ETF has a one year low of $44.04 and a one year high of $47.59. The company has a 50-day simple moving average of $45.63 and a 200-day simple moving average of $46.19.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were given a dividend of $0.1522 per share. The ex-dividend date of this dividend was Tuesday, December 24th. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.14.

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).