Royal Bank of Canada Boosts Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

Royal Bank of Canada raised its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 7.6% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 1,824,039 shares of the exchange traded fund’s stock after buying an additional 129,035 shares during the quarter. Royal Bank of Canada’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $85,638,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of VMBS. Brighton Jones LLC increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 4.6% during the fourth quarter. Brighton Jones LLC now owns 7,833 shares of the exchange traded fund’s stock worth $355,000 after acquiring an additional 347 shares during the period. AQR Capital Management LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the first quarter worth about $342,000. Focus Partners Wealth purchased a new position in Vanguard Mortgage-Backed Securities ETF during the first quarter worth about $921,000. Baird Financial Group Inc. acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the second quarter valued at about $210,000. Finally, Brown Advisory Inc. lifted its position in Vanguard Mortgage-Backed Securities ETF by 26.0% in the second quarter. Brown Advisory Inc. now owns 6,411 shares of the exchange traded fund’s stock valued at $297,000 after purchasing an additional 1,323 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.4%

Shares of VMBS opened at $46.06 on Friday. The stock’s 50 day moving average is $46.56 and its two-hundred day moving average is $46.90. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $45.98 and a twelve month high of $47.90.

Vanguard Mortgage-Backed Securities ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were issued a dividend of $0.1645 per share. This represents a c) dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend was Wednesday, July 1st.

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).