Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Acquired by First Interstate Bank

First Interstate Bank lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 11.8% during the third quarter, HoldingsChannel.com reports. The fund owned 1,028,551 shares of the exchange traded fund’s stock after purchasing an additional 108,701 shares during the quarter. Vanguard Mortgage-Backed Securities ETF makes up 2.9% of First Interstate Bank’s holdings, making the stock its 12th largest position. First Interstate Bank’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $48,558,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Sensible Financial Planning & Management LLC. increased its stake in Vanguard Mortgage-Backed Securities ETF by 1.3% in the 3rd quarter. Sensible Financial Planning & Management LLC. now owns 194,669 shares of the exchange traded fund’s stock valued at $9,190,000 after buying an additional 2,518 shares during the period. Principal Securities Inc. increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 32.3% during the third quarter. Principal Securities Inc. now owns 125,037 shares of the exchange traded fund’s stock worth $5,903,000 after acquiring an additional 30,531 shares during the period. Stephens Inc. AR raised its holdings in Vanguard Mortgage-Backed Securities ETF by 170.6% during the third quarter. Stephens Inc. AR now owns 22,801 shares of the exchange traded fund’s stock worth $1,076,000 after purchasing an additional 14,376 shares in the last quarter. United Asset Strategies Inc. lifted its position in Vanguard Mortgage-Backed Securities ETF by 3.9% in the third quarter. United Asset Strategies Inc. now owns 266,558 shares of the exchange traded fund’s stock valued at $12,584,000 after purchasing an additional 9,945 shares during the period. Finally, Petra Financial Advisors Inc. purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the 3rd quarter valued at approximately $1,727,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ VMBS traded down $0.15 on Friday, hitting $45.51. 1,962,324 shares of the company’s stock were exchanged, compared to its average volume of 1,613,989. The firm’s 50-day moving average price is $46.78 and its two-hundred day moving average price is $45.94. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $43.23 and a fifty-two week high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

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

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).