Truist Financial Corp Purchases 15,975 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

Truist Financial Corp lifted its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 3.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 555,126 shares of the exchange traded fund’s stock after acquiring an additional 15,975 shares during the period. Truist Financial Corp’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $26,069,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in VMBS. Certus Wealth Management LLC increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 5.1% in the 2nd quarter. Certus Wealth Management LLC now owns 47,029 shares of the exchange traded fund’s stock worth $2,179,000 after acquiring an additional 2,289 shares in the last quarter. Bristlecone Advisors LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF during the third quarter worth about $591,000. 1834 Investment Advisors Co. grew its holdings in Vanguard Mortgage-Backed Securities ETF by 6.6% in the third quarter. 1834 Investment Advisors Co. now owns 270,166 shares of the exchange traded fund’s stock worth $12,687,000 after purchasing an additional 16,663 shares during the period. Parker Financial LLC increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 3.4% during the second quarter. Parker Financial LLC now owns 125,107 shares of the exchange traded fund’s stock valued at $5,798,000 after purchasing an additional 4,085 shares in the last quarter. Finally, Bell Bank lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 74.3% during the third quarter. Bell Bank now owns 778,461 shares of the exchange traded fund’s stock valued at $36,557,000 after purchasing an additional 331,869 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of VMBS opened at $47.24 on Friday. The business’s 50 day moving average price is $47.15 and its 200-day moving average price is $46.89. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.85 and a 52 week high of $47.46.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd will be paid a $0.1645 dividend. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Monday, February 2nd.

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). The Index covers the United States agency mortgage-backed, pass-through securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).