Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Acquired by Charles Schwab Investment Advisory Inc.

Charles Schwab Investment Advisory Inc. increased its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 0.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 132,139,119 shares of the exchange traded fund’s stock after acquiring an additional 106,256 shares during the period. Vanguard Mortgage-Backed Securities ETF comprises 8.8% of Charles Schwab Investment Advisory Inc.’s holdings, making the stock its 2nd largest position. Charles Schwab Investment Advisory Inc. owned approximately 34.05% of Vanguard Mortgage-Backed Securities ETF worth $6,125,970,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 4.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,466,869 shares of the exchange traded fund’s stock valued at $458,238,000 after acquiring an additional 480,055 shares during the period. Assetmark Inc. grew its holdings in Vanguard Mortgage-Backed Securities ETF by 9.3% in the third quarter. Assetmark Inc. now owns 6,193,188 shares of the exchange traded fund’s stock valued at $271,138,000 after purchasing an additional 528,714 shares during the period. Stifel Financial Corp increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 3.1% in the third quarter. Stifel Financial Corp now owns 4,903,394 shares of the exchange traded fund’s stock valued at $214,671,000 after buying an additional 146,916 shares in the last quarter. LPL Financial LLC raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 9.7% during the 3rd quarter. LPL Financial LLC now owns 4,416,122 shares of the exchange traded fund’s stock worth $193,338,000 after buying an additional 390,939 shares during the period. Finally, Envestnet Portfolio Solutions Inc. purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at approximately $157,270,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

NASDAQ VMBS traded down $0.06 on Wednesday, hitting $44.83. The company had a trading volume of 764,388 shares, compared to its average volume of 1,662,361. The company’s fifty day moving average price is $45.02 and its 200-day moving average price is $45.07. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $42.06 and a 12-month high of $46.95.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd were paid a dividend of $0.148 per share. The ex-dividend date was Wednesday, May 1st. This represents a $1.78 dividend on an annualized basis and a dividend yield of 3.96%. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15.

Vanguard Mortgage-Backed Securities ETF Company 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).