ST Germain D J Co. Inc. Decreases Stock Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

ST Germain D J Co. Inc. decreased its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBSFree Report) by 1.7% during the first quarter, HoldingsChannel.com reports. The firm owned 464,924 shares of the exchange traded fund’s stock after selling 7,984 shares during the quarter. Vanguard Mortgage-Backed Securities ETF makes up about 1.0% of ST Germain D J Co. Inc.’s holdings, making the stock its 26th biggest holding. ST Germain D J Co. Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $21,205,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sugarloaf Wealth Management LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at $27,000. Bradley & Co. Private Wealth Management LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at $29,000. Addison Advisors LLC increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 44.6% during the fourth quarter. Addison Advisors LLC now owns 849 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 262 shares during the period. SouthState Corp purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at $57,000. Finally, Citigroup Inc. increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 194.0% during the third quarter. Citigroup Inc. now owns 1,379 shares of the exchange traded fund’s stock valued at $60,000 after buying an additional 910 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of Vanguard Mortgage-Backed Securities ETF stock traded up $0.16 during trading on Tuesday, hitting $45.73. 844,005 shares of the stock traded hands, compared to its average volume of 1,541,736. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $42.06 and a 52-week high of $46.59. The stock’s fifty day simple moving average is $44.86 and its 200 day simple moving average is $45.36.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, June 5th. Investors of record on Monday, June 3rd were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, June 3rd. This represents a $1.80 dividend on an annualized basis and a yield of 3.94%. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15.

About Vanguard Mortgage-Backed Securities ETF

(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).

Recommended Stories

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)

Receive News & Ratings for Vanguard Mortgage-Backed Securities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Mortgage-Backed Securities ETF and related companies with MarketBeat.com's FREE daily email newsletter.