PNC Financial Services Group Inc. Raises Stock Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

PNC Financial Services Group Inc. grew its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 15.3% in the first quarter, according to its most recent filing with the SEC. The fund owned 157,089 shares of the exchange traded fund’s stock after acquiring an additional 20,826 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $7,375,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. DecisionPoint Financial LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at $25,000. Glen Eagle Advisors LLC lifted its position in Vanguard Mortgage-Backed Securities ETF by 1,609.7% during the fourth quarter. Glen Eagle Advisors LLC now owns 530 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 499 shares during the last quarter. Vision Retirement LLC grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 1,915.4% in the 1st quarter. Vision Retirement LLC now owns 524 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 498 shares in the last quarter. Imprint Wealth LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 3rd quarter worth $25,000. Finally, Ascentis Independent Advisors bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 1st quarter worth about $27,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Vanguard Mortgage-Backed Securities ETF stock opened at $46.19 on Monday. The company’s 50-day moving average price is $46.57 and its 200-day moving average price is $46.93. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $45.88 and a twelve month high of $47.90.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.1645 per share. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Wednesday, July 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).