Vanguard Mortgage-Backed Securities ETF $VMBS Shares Sold by Bank of America Corp DE

Bank of America Corp DE cut its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 5.8% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 56,308,060 shares of the exchange traded fund’s stock after selling 3,458,020 shares during the period. Bank of America Corp DE owned 17.66% of Vanguard Mortgage-Backed Securities ETF worth $2,643,663,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Bank of New York Mellon Corp grew its position in Vanguard Mortgage-Backed Securities ETF by 1.4% during the fourth quarter. Bank of New York Mellon Corp now owns 10,478,686 shares of the exchange traded fund’s stock valued at $493,337,000 after acquiring an additional 142,443 shares during the period. Wells Fargo & Company MN raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 10.3% in the 4th quarter. Wells Fargo & Company MN now owns 9,007,305 shares of the exchange traded fund’s stock worth $424,064,000 after purchasing an additional 843,178 shares during the period. Assetmark Inc. raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 0.7% in the 1st quarter. Assetmark Inc. now owns 8,853,123 shares of the exchange traded fund’s stock worth $415,654,000 after purchasing an additional 60,256 shares during the period. Stifel Financial Corp lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 32.3% in the 4th quarter. Stifel Financial Corp now owns 8,298,375 shares of the exchange traded fund’s stock valued at $390,688,000 after purchasing an additional 2,026,709 shares in the last quarter. Finally, LPL Financial LLC lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.2% in the 4th quarter. LPL Financial LLC now owns 6,291,178 shares of the exchange traded fund’s stock valued at $296,189,000 after purchasing an additional 136,738 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.4%

Shares of NASDAQ:VMBS opened at $46.19 on Thursday. The stock has a 50-day simple moving average of $46.57 and a 200-day simple moving average of $46.91. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $46.00 and a 1 year high of $47.90.

Vanguard Mortgage-Backed Securities ETF Dividend Announcement

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

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). 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).