Mendota Financial Group LLC Acquires 19,269 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

Mendota Financial Group LLC raised its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 10.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 203,848 shares of the exchange traded fund’s stock after acquiring an additional 19,269 shares during the period. Vanguard Mortgage-Backed Securities ETF comprises 5.9% of Mendota Financial Group LLC’s holdings, making the stock its 7th biggest holding. Mendota Financial Group LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $9,542,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 3.7% in the fourth quarter. Bank of America Corp DE now owns 59,766,080 shares of the exchange traded fund’s stock worth $2,813,787,000 after acquiring an additional 2,147,360 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 1.4% during the 4th quarter. Bank of New York Mellon Corp now owns 10,478,686 shares of the exchange traded fund’s stock valued at $493,337,000 after purchasing an additional 142,443 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 10.3% during the 4th quarter. Wells Fargo & Company MN now owns 9,007,305 shares of the exchange traded fund’s stock valued at $424,064,000 after purchasing an additional 843,178 shares during the last quarter. Assetmark Inc. grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 0.7% during the 1st quarter. Assetmark Inc. now owns 8,853,123 shares of the exchange traded fund’s stock valued at $415,654,000 after purchasing an additional 60,256 shares during the last quarter. Finally, Stifel Financial Corp increased its position in Vanguard Mortgage-Backed Securities ETF by 32.3% during the 4th quarter. Stifel Financial Corp now owns 8,298,375 shares of the exchange traded fund’s stock worth $390,688,000 after purchasing an additional 2,026,709 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of NASDAQ:VMBS opened at $46.03 on Tuesday. The firm has a 50 day simple moving average of $46.49 and a 200 day simple moving average of $46.85. Vanguard Mortgage-Backed Securities ETF has a one year low of $45.97 and a one year high of $47.90.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Monday, August 3rd were issued a dividend of $0.168 per share. This represents a c) annualized dividend and a dividend yield of 4.4%. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16. The ex-dividend date was Monday, August 3rd.

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).