City State Bank Buys 1,030 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

City State Bank lifted its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 2.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 45,867 shares of the exchange traded fund’s stock after purchasing an additional 1,030 shares during the period. Vanguard Mortgage-Backed Securities ETF accounts for 0.7% of City State Bank’s portfolio, making the stock its 28th largest position. City State Bank’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $2,080,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently bought and sold shares of the stock. Truvestments Capital LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter worth $35,000. Castleview Partners LLC increased 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 worth $41,000 after purchasing an additional 734 shares during the period. Armstrong Advisory Group Inc. bought a new stake in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter worth about $45,000. First PREMIER Bank lifted its position in Vanguard Mortgage-Backed Securities ETF by 214.5% during the 3rd quarter. First PREMIER Bank now owns 1,478 shares of the exchange traded fund’s stock valued at $70,000 after purchasing an additional 1,008 shares during the period. Finally, Sugarloaf Wealth Management LLC boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 34.1% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 1,806 shares of the exchange traded fund’s stock valued at $85,000 after purchasing an additional 459 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.1 %

Shares of VMBS traded down $0.06 on Monday, reaching $44.71. 269,850 shares of the company’s stock were exchanged, compared to its average volume of 1,626,117. The business has a 50 day moving average price of $45.67 and a two-hundred day moving average price of $46.20. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $44.04 and a 12 month high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were paid a $0.1522 dividend. The ex-dividend date of this dividend was Tuesday, December 24th. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.14.

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).