Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Sold by Fifth Third Bancorp

Fifth Third Bancorp trimmed its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 23.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,477 shares of the exchange traded fund’s stock after selling 450 shares during the quarter. Fifth Third Bancorp’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $68,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Sugarloaf Wealth Management LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter valued at $27,000. Retirement Group LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 792.9% in the 4th quarter. Retirement Group LLC now owns 625 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 555 shares during the period. Geneos Wealth Management Inc. increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 254.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 599 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 430 shares during the period. Vestor Capital LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 2nd quarter valued at $30,000. Finally, Salem Investment Counselors Inc. acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter valued at $44,000.

Vanguard Mortgage-Backed Securities ETF Trading Down 1.4 %

NASDAQ:VMBS opened at $44.48 on Thursday. The firm’s fifty day moving average price is $45.38 and its 200 day moving average price is $44.90. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $42.06 and a 1-year high of $47.04.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were given a $0.1462 dividend. This represents a $1.75 dividend on an annualized basis and a yield of 3.94%. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.14. The ex-dividend date of this dividend was Monday, April 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).