LPL Financial LLC Purchases 184,105 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

LPL Financial LLC increased its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 3.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,180,600 shares of the exchange traded fund’s stock after acquiring an additional 184,105 shares during the quarter. LPL Financial LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $244,576,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. Asset Dedication LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 3,666.7% during the 2nd quarter. Asset Dedication LLC now owns 565 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 550 shares during the period. Carmichael Hill & Associates Inc. boosted its position in Vanguard Mortgage-Backed Securities ETF by 59.7% in the second quarter. Carmichael Hill & Associates Inc. now owns 736 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 275 shares in the last quarter. Castleview Partners LLC boosted its position in Vanguard Mortgage-Backed Securities ETF by 531.9% in the third quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 734 shares in the last quarter. Armstrong Advisory Group Inc. bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the third quarter worth about $45,000. Finally, FSA Wealth Management LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the first quarter worth about $53,000.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.0 %

Shares of NASDAQ VMBS opened at $45.66 on Friday. The company has a 50-day moving average of $46.38 and a two-hundred day moving average of $46.07. 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 firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were issued a dividend of $0.153 per share. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.84 annualized dividend and a yield of 4.02%.

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).