First Horizon Advisors Inc. Boosts Stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

First Horizon Advisors Inc. lifted its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBSFree Report) by 2.0% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 54,951 shares of the exchange traded fund’s stock after buying an additional 1,103 shares during the period. First Horizon Advisors Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $2,548,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of VMBS. Sugarloaf Wealth Management LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at about $27,000. Bradley & Co. Private Wealth Management LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at approximately $29,000. Addison Advisors LLC increased its position in Vanguard Mortgage-Backed Securities ETF by 44.6% in the fourth quarter. Addison Advisors LLC now owns 849 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 262 shares during the last quarter. Citigroup Inc. increased its position in Vanguard Mortgage-Backed Securities ETF by 194.0% in the third quarter. Citigroup Inc. now owns 1,379 shares of the exchange traded fund’s stock worth $60,000 after buying an additional 910 shares during the last quarter. Finally, City Holding Co. purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at $61,000.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.5 %

VMBS stock opened at $44.75 on Friday. The stock has a fifty day moving average of $45.05 and a 200-day moving average of $44.99. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $42.06 and a fifty-two week high of $47.04.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, May 6th. Investors of record on Thursday, May 2nd will be given a dividend of $0.148 per share. This represents a $1.78 annualized dividend and a yield of 3.97%. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date is Wednesday, May 1st.

Vanguard Mortgage-Backed Securities ETF Company Profile

(Free Report)

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).

See Also

Want to see what other hedge funds are holding VMBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBSFree Report).

Institutional Ownership by Quarter for Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

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