Rockefeller Capital Management L.P. Boosts Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

Rockefeller Capital Management L.P. boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 8.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 585,669 shares of the exchange traded fund’s stock after buying an additional 43,508 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $27,573,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 8.4% during the 3rd quarter. Bank of America Corp DE now owns 57,618,720 shares of the exchange traded fund’s stock worth $2,705,775,000 after acquiring an additional 4,468,416 shares during the last quarter. Focus Partners Wealth purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth $113,419,000. Stifel Financial Corp raised its holdings in Vanguard Mortgage-Backed Securities ETF by 32.3% in the 4th quarter. Stifel Financial Corp now owns 8,298,375 shares of the exchange traded fund’s stock worth $390,688,000 after purchasing an additional 2,026,709 shares during the period. Alesco Advisors LLC bought a new position in Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth $71,911,000. Finally, Wells Fargo & Company MN lifted its position in Vanguard Mortgage-Backed Securities ETF by 10.3% during the fourth quarter. Wells Fargo & Company MN now owns 9,007,305 shares of the exchange traded fund’s stock valued at $424,064,000 after purchasing an additional 843,178 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of VMBS opened at $46.66 on Tuesday. The business has a 50-day simple moving average of $46.77 and a two-hundred day simple moving average of $47.02. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $45.69 and a 52 week high of $47.90.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were paid a dividend of $0.1634 per share. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16. The ex-dividend date was Monday, June 1st.

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).