Verdence Capital Advisors LLC Purchases New Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

Verdence Capital Advisors LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 63,661 shares of the exchange traded fund’s stock, valued at approximately $3,018,000.

Several other large investors also recently made changes to their positions in VMBS. Mather Group LLC. increased its holdings in Vanguard Mortgage-Backed Securities ETF by 6,012.2% during the second quarter. Mather Group LLC. now owns 6,470,848 shares of the exchange traded fund’s stock worth $299,859,000 after buying an additional 6,364,981 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Vanguard Mortgage-Backed Securities ETF by 2.0% during the second quarter. JPMorgan Chase & Co. now owns 49,670,899 shares of the exchange traded fund’s stock worth $2,301,750,000 after purchasing an additional 964,005 shares during the period. Bank of America Corp DE raised its stake in Vanguard Mortgage-Backed Securities ETF by 1.2% in the second quarter. Bank of America Corp DE now owns 53,150,304 shares of the exchange traded fund’s stock valued at $2,462,985,000 after buying an additional 643,509 shares during the period. Osaic Holdings Inc. lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 114.0% in the second quarter. Osaic Holdings Inc. now owns 965,523 shares of the exchange traded fund’s stock valued at $44,750,000 after buying an additional 514,439 shares during the last quarter. Finally, Bell Bank boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 74.3% during the 3rd quarter. Bell Bank now owns 778,461 shares of the exchange traded fund’s stock worth $36,557,000 after acquiring an additional 331,869 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS stock opened at $47.18 on Tuesday. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $44.85 and a 1-year high of $47.46. The business’s 50 day simple moving average is $47.12 and its 200 day simple moving average is $46.82.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, December 3rd. Stockholders of record on Monday, December 1st were given a $0.1615 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) annualized dividend and a dividend yield of 4.1%.

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). The Index covers the United States agency mortgage-backed, pass-through securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).