7,988 Shares in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Purchased by Pitcairn Co.

Pitcairn Co. acquired a new position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 7,988 shares of the exchange traded fund’s stock, valued at approximately $364,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VMBS. Bradley & Co. Private Wealth Management LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth approximately $29,000. Headlands Technologies LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the first quarter worth approximately $36,000. Addison Advisors LLC increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 44.6% during the fourth quarter. Addison Advisors LLC now owns 849 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 262 shares during the period. SouthState Corp purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth approximately $57,000. Finally, Citigroup Inc. increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 194.0% during the third quarter. Citigroup Inc. now owns 1,379 shares of the exchange traded fund’s stock worth $60,000 after acquiring an additional 910 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of NASDAQ:VMBS traded up $0.06 during trading on Thursday, reaching $45.80. 1,394,781 shares of the company were exchanged, compared to its average volume of 1,511,701. The business’s fifty day simple moving average is $45.43 and its 200-day simple moving average is $45.32. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $42.06 and a 12-month high of $46.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st were paid a dividend of $0.151 per share. The ex-dividend date of this dividend was Monday, July 1st. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. This represents a $1.81 dividend on an annualized basis and a dividend yield of 3.96%.

Vanguard Mortgage-Backed Securities ETF 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).