Federated Hermes Inc. Raises Stake in Vanguard Mortgage-Backed Securities ETF $VMBS

Federated Hermes Inc. lifted its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBSFree Report) by 7.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 254,320 shares of the exchange traded fund’s stock after purchasing an additional 17,200 shares during the period. Federated Hermes Inc. owned about 0.08% of Vanguard Mortgage-Backed Securities ETF worth $11,943,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Legacy Investment Solutions LLC bought a new position in Vanguard Mortgage-Backed Securities ETF in the 2nd quarter worth $32,000. Evolution Wealth Management Inc. purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF in the second quarter valued at about $34,000. Fortitude Family Office LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the third quarter worth about $38,000. CENTRAL TRUST Co purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the second quarter worth about $38,000. Finally, Millstone Evans Group LLC grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 103.7% during the third quarter. Millstone Evans Group LLC now owns 829 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 422 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

NASDAQ VMBS opened at $47.24 on Friday. The stock’s 50 day moving average is $47.15 and its 200 day moving average is $46.89. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $44.85 and a 12 month 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 issued a $0.1645 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend is Monday, February 2nd.

Vanguard Mortgage-Backed Securities ETF 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). 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).

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

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