J.W. Cole Advisors Inc. Has $875,000 Stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

J.W. Cole Advisors Inc. raised its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 20.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 18,873 shares of the exchange traded fund’s stock after purchasing an additional 3,251 shares during the period. J.W. Cole Advisors Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $875,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Charles Schwab Investment Advisory Inc. boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 6.6% in the 3rd quarter. Charles Schwab Investment Advisory Inc. now owns 132,032,863 shares of the exchange traded fund’s stock worth $5,780,399,000 after buying an additional 8,121,857 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 4.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,466,869 shares of the exchange traded fund’s stock worth $458,238,000 after buying an additional 480,055 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 0.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 7,794,692 shares of the exchange traded fund’s stock worth $341,252,000 after buying an additional 56,637 shares during the last quarter. Assetmark Inc. boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 9.3% in the 3rd quarter. Assetmark Inc. now owns 6,193,188 shares of the exchange traded fund’s stock worth $271,138,000 after buying an additional 528,714 shares during the last quarter. Finally, Stifel Financial Corp boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 3.1% in the 3rd quarter. Stifel Financial Corp now owns 4,903,394 shares of the exchange traded fund’s stock worth $214,671,000 after buying an additional 146,916 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of NASDAQ VMBS opened at $44.32 on Monday. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $42.06 and a twelve month high of $47.04. The stock’s 50 day moving average price is $45.20 and its 200-day moving average price is $44.95.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were issued a $0.1462 dividend. This represents a $1.75 dividend on an annualized basis and a dividend yield of 3.96%. The ex-dividend date was Monday, April 1st. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.14.

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).