Larson Financial Group LLC Has $480,000 Stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Larson Financial Group LLC boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 15.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 10,171 shares of the exchange traded fund’s stock after purchasing an additional 1,394 shares during the quarter. Larson Financial Group LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $480,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Bessemer Group Inc. lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 8.0% during the 1st quarter. Bessemer Group Inc. now owns 4,710 shares of the exchange traded fund’s stock valued at $215,000 after purchasing an additional 350 shares during the last quarter. Advisors Asset Management Inc. grew its position in Vanguard Mortgage-Backed Securities ETF by 159.0% during the 1st quarter. Advisors Asset Management Inc. now owns 3,642 shares of the exchange traded fund’s stock worth $166,000 after acquiring an additional 2,236 shares during the last quarter. Janus Henderson Group PLC increased its holdings in Vanguard Mortgage-Backed Securities ETF by 162.1% during the 1st quarter. Janus Henderson Group PLC now owns 94,012 shares of the exchange traded fund’s stock valued at $4,288,000 after purchasing an additional 58,148 shares in the last quarter. B. Riley Wealth Advisors Inc. raised its position in Vanguard Mortgage-Backed Securities ETF by 27.3% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 130,591 shares of the exchange traded fund’s stock valued at $5,717,000 after purchasing an additional 27,990 shares during the last quarter. Finally, Jane Street Group LLC bought a new position in Vanguard Mortgage-Backed Securities ETF in the 1st quarter valued at $57,419,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of VMBS stock opened at $46.18 on Tuesday. The stock’s fifty day moving average is $46.32 and its 200-day moving average is $46.10. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.04 and a 52 week high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were issued a dividend of $0.153 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.84 dividend on an annualized basis and a yield of 3.98%. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15.

Vanguard Mortgage-Backed Securities ETF Company 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).