Inspire Advisors LLC Increases Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

Inspire Advisors LLC raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 20.4% in the second quarter, HoldingsChannel reports. The firm owned 18,675 shares of the exchange traded fund’s stock after buying an additional 3,162 shares during the quarter. Inspire Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $865,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Mather Group LLC. increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 6,012.2% during the second quarter. Mather Group LLC. now owns 6,470,848 shares of the exchange traded fund’s stock valued at $299,859,000 after buying an additional 6,364,981 shares during the period. JPMorgan Chase & Co. lifted its stake in Vanguard Mortgage-Backed Securities ETF by 4.7% in the first quarter. JPMorgan Chase & Co. now owns 48,706,894 shares of the exchange traded fund’s stock worth $2,255,686,000 after acquiring an additional 2,196,520 shares during the period. Raymond James Financial Inc. boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 25.1% in the first quarter. Raymond James Financial Inc. now owns 5,517,380 shares of the exchange traded fund’s stock valued at $255,510,000 after acquiring an additional 1,107,390 shares in the last quarter. Jones Financial Companies Lllp increased its position in Vanguard Mortgage-Backed Securities ETF by 2,169.7% during the 1st quarter. Jones Financial Companies Lllp now owns 682,872 shares of the exchange traded fund’s stock valued at $33,743,000 after purchasing an additional 652,785 shares during the period. Finally, Connecticut Wealth Management LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 1st quarter valued at $20,144,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of NASDAQ VMBS opened at $46.99 on Wednesday. The firm has a fifty day simple moving average of $47.09 and a two-hundred day simple moving average of $46.37. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $44.65 and a 12 month high of $47.46.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 5th. Investors of record on Monday, November 3rd were paid a $0.172 dividend. The ex-dividend date of this dividend was Monday, November 3rd. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. This represents a c) dividend on an annualized basis and a yield of 4.4%.

About Vanguard Mortgage-Backed Securities ETF

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).