Wells Fargo & Company MN Lowers Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Wells Fargo & Company MN reduced its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 11.7% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 7,057,114 shares of the exchange traded fund’s stock after selling 937,713 shares during the quarter. Wells Fargo & Company MN owned about 1.63% of Vanguard Mortgage-Backed Securities ETF worth $319,970,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. POM Investment Strategies LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth about $37,000. National Bank of Canada FI boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 290.7% in the 4th quarter. National Bank of Canada FI now owns 1,465 shares of the exchange traded fund’s stock valued at $66,000 after purchasing an additional 1,090 shares in the last quarter. Murphy & Mullick Capital Management Corp acquired a new position in Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth approximately $73,000. Synergy Investment Management LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth approximately $84,000. Finally, Richard W. Paul & Associates LLC lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 11.8% in the 4th quarter. Richard W. Paul & Associates LLC now owns 2,432 shares of the exchange traded fund’s stock valued at $110,000 after buying an additional 257 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Vanguard Mortgage-Backed Securities ETF stock opened at $46.60 on Friday. The stock’s 50 day moving average price is $45.95 and its 200 day moving average price is $45.96. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $44.04 and a 1-year high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were paid a dividend of $0.164 per share. The ex-dividend date of this dividend was Tuesday, April 1st. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. This represents a $1.97 dividend on an annualized basis and a dividend yield of 4.22%.

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).