Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Sold by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI decreased its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 6.7% during the third quarter, Holdings Channel reports. The institutional investor owned 17,999 shares of the exchange traded fund’s stock after selling 1,298 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $850,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VMBS. Janus Henderson Group PLC grew its stake in shares of 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 worth $4,288,000 after purchasing an additional 58,148 shares during the period. Farther Finance Advisors LLC grew its position in Vanguard Mortgage-Backed Securities ETF by 87.9% during the second quarter. Farther Finance Advisors LLC now owns 11,533 shares of the exchange traded fund’s stock valued at $518,000 after buying an additional 5,396 shares during the period. Bessemer Group Inc. increased its holdings in Vanguard Mortgage-Backed Securities ETF by 8.0% in the first quarter. Bessemer Group Inc. now owns 4,710 shares of the exchange traded fund’s stock valued at $215,000 after buying an additional 350 shares in the last quarter. Blair William & Co. IL raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 10.4% in the first quarter. Blair William & Co. IL now owns 4,734 shares of the exchange traded fund’s stock worth $216,000 after acquiring an additional 447 shares during the period. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 5.6% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 554,880 shares of the exchange traded fund’s stock worth $25,192,000 after acquiring an additional 29,257 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ:VMBS opened at $45.77 on Friday. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.04 and a 52 week high of $47.59. The stock’s 50-day moving average price is $46.35 and its 200-day moving average price is $46.08.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were given a $0.153 dividend. The ex-dividend date of this dividend was Friday, November 1st. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. This represents a $1.84 dividend on an annualized basis and a dividend yield of 4.01%.

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).