Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Purchased by Freedom Investment Management Inc.

Freedom Investment Management Inc. boosted its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 5.3% in the third quarter, HoldingsChannel.com reports. The firm owned 139,508 shares of the exchange traded fund’s stock after acquiring an additional 7,029 shares during the period. Freedom Investment Management Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $6,586,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Janus Henderson Group PLC increased its position in Vanguard Mortgage-Backed Securities ETF by 162.1% in the first quarter. Janus Henderson Group PLC now owns 94,012 shares of the exchange traded fund’s stock worth $4,288,000 after buying an additional 58,148 shares during the period. Farther Finance Advisors LLC raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 87.9% during the second quarter. Farther Finance Advisors LLC now owns 11,533 shares of the exchange traded fund’s stock valued at $518,000 after buying an additional 5,396 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in Vanguard Mortgage-Backed Securities ETF by 5.6% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 554,880 shares of the exchange traded fund’s stock valued at $25,192,000 after acquiring an additional 29,257 shares in the last quarter. Transform Wealth LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF during the 2nd quarter worth $203,000. Finally, Sei Investments Co. increased 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 valued at $9,410,000 after purchasing an additional 8,104 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.3 %

VMBS stock opened at $46.05 on Wednesday. The company has a 50-day simple moving average of $46.29 and a 200 day simple moving average of $46.11. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.04 and a fifty-two week high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a dividend of $0.153 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 3.99%. The ex-dividend date was Friday, November 1st. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15.

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).