Pinnacle Bancorp Inc. Acquires 1,168 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Pinnacle Bancorp Inc. boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 17.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,756 shares of the exchange traded fund’s stock after purchasing an additional 1,168 shares during the quarter. Pinnacle Bancorp Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $352,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of VMBS. Federated Hermes Inc. acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF in the second quarter valued at approximately $5,039,000. Richardson Financial Services Inc. boosted its stake in Vanguard Mortgage-Backed Securities ETF by 15.6% in the 2nd quarter. Richardson Financial Services Inc. now owns 3,980 shares of the exchange traded fund’s stock valued at $181,000 after purchasing an additional 536 shares during the period. Clifford Group LLC grew its holdings in Vanguard Mortgage-Backed Securities ETF by 5.4% in the 2nd quarter. Clifford Group LLC now owns 38,741 shares of the exchange traded fund’s stock valued at $1,759,000 after buying an additional 1,994 shares in the last quarter. AE Wealth Management LLC increased its position in Vanguard Mortgage-Backed Securities ETF by 2.7% during the 2nd quarter. AE Wealth Management LLC now owns 874,270 shares of the exchange traded fund’s stock worth $39,692,000 after buying an additional 23,232 shares during the period. Finally, Sei Investments Co. lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 4.1% during the second quarter. Sei Investments Co. now owns 207,258 shares of the exchange traded fund’s stock worth $9,410,000 after buying an additional 8,104 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $45.20 on Thursday. The firm has a 50-day moving average of $45.63 and a 200-day moving average of $46.19. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $44.04 and a 52-week high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were issued a $0.1522 dividend. The ex-dividend date 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).