Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Bought by Pinnacle Financial Partners Inc

Pinnacle Financial Partners Inc lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 38.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,133 shares of the exchange traded fund’s stock after acquiring an additional 1,704 shares during the quarter. Pinnacle Financial Partners Inc’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $278,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of VMBS. Alpha Financial Partners LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter worth $226,000. Lake Street Advisors Group LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter worth $207,000. PFG Investments LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter worth $491,000. Ellis Investment Partners LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter worth $355,000. Finally, J.W. Cole Advisors Inc. increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 12.3% during the third quarter. J.W. Cole Advisors Inc. now owns 44,121 shares of the exchange traded fund’s stock worth $2,083,000 after acquiring an additional 4,817 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.5 %

Vanguard Mortgage-Backed Securities ETF stock opened at $45.94 on Monday. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $44.04 and a twelve month high of $47.59. The stock’s fifty day simple moving average is $45.39 and its 200-day simple moving average is $46.11.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a $0.1598 dividend. The ex-dividend date was Monday, February 3rd. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.15.

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).