Principal Securities Inc. Has $5.90 Million Stock Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Principal Securities Inc. grew its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 32.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 125,037 shares of the exchange traded fund’s stock after purchasing an additional 30,531 shares during the period. Principal Securities Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $5,903,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Charles Schwab Investment Advisory Inc. raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 2.2% during the first quarter. Charles Schwab Investment Advisory Inc. now owns 134,995,733 shares of the exchange traded fund’s stock worth $6,157,155,000 after acquiring an additional 2,856,614 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 3.6% during the second quarter. Envestnet Asset Management Inc. now owns 19,115,115 shares of the exchange traded fund’s stock worth $867,826,000 after acquiring an additional 659,720 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 0.8% during the second quarter. Bank of New York Mellon Corp now owns 10,055,325 shares of the exchange traded fund’s stock worth $456,512,000 after acquiring an additional 79,124 shares during the period. LPL Financial LLC raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 2.9% during the second quarter. LPL Financial LLC now owns 4,996,495 shares of the exchange traded fund’s stock worth $226,841,000 after acquiring an additional 143,135 shares during the period. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 6.7% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 3,804,020 shares of the exchange traded fund’s stock worth $173,501,000 after acquiring an additional 239,876 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of NASDAQ:VMBS opened at $45.51 on Friday. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $43.23 and a 12 month high of $47.59. The company’s fifty day simple moving average is $46.78 and its 200 day simple moving average is $45.94.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, November 5th. Investors of record on Friday, November 1st will be given a $0.153 dividend. The ex-dividend date of this dividend is Friday, November 1st. This represents a $1.84 dividend on an annualized basis and a yield of 4.03%. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15.

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).