Vanguard Mortgage-Backed Securities ETF $VMBS Shares Purchased by Hsbc Holdings PLC

Hsbc Holdings PLC increased its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 40.2% during the 1st quarter, Holdings Channel.com reports. The fund owned 125,028 shares of the exchange traded fund’s stock after buying an additional 35,872 shares during the period. Hsbc Holdings PLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $5,870,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in VMBS. Elevated Capital Advisors LLC grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 1.2% during the 1st quarter. Elevated Capital Advisors LLC now owns 67,791 shares of the exchange traded fund’s stock worth $3,183,000 after purchasing an additional 789 shares during the period. Kestra Advisory Services LLC raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 5.9% during the 1st quarter. Kestra Advisory Services LLC now owns 257,027 shares of the exchange traded fund’s stock valued at $12,067,000 after buying an additional 14,396 shares during the period. Money Concepts Capital Corp raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 8.9% during the 1st quarter. Money Concepts Capital Corp now owns 25,055 shares of the exchange traded fund’s stock valued at $1,176,000 after buying an additional 2,053 shares during the period. First Interstate Bank lifted its position in Vanguard Mortgage-Backed Securities ETF by 3.3% during the 1st quarter. First Interstate Bank now owns 1,379,528 shares of the exchange traded fund’s stock worth $64,769,000 after acquiring an additional 44,564 shares in the last quarter. Finally, Seelaus Asset Management LLC lifted its position in Vanguard Mortgage-Backed Securities ETF by 2.9% during the 1st quarter. Seelaus Asset Management LLC now owns 15,905 shares of the exchange traded fund’s stock worth $747,000 after acquiring an additional 454 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ VMBS opened at $46.07 on Friday. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $45.81 and a fifty-two week high of $47.90. The business has a 50 day moving average price of $46.58 and a two-hundred day moving average price of $46.94.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were paid a $0.1645 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 4.3%.

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). The Index covers the United States agency mortgage-backed, pass-through securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).