Outlook Wealth Advisors LLC Purchases New Shares in Vanguard Mortgage-Backed Securities ETF $VMBS

Outlook Wealth Advisors LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 26,051 shares of the exchange traded fund’s stock, valued at approximately $1,223,000.

A number of other hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 3.7% during the fourth quarter. Bank of America Corp DE now owns 59,766,080 shares of the exchange traded fund’s stock valued at $2,813,787,000 after purchasing an additional 2,147,360 shares in the last quarter. Bank of New York Mellon Corp grew its position in Vanguard Mortgage-Backed Securities ETF by 1.4% in the 4th quarter. Bank of New York Mellon Corp now owns 10,478,686 shares of the exchange traded fund’s stock worth $493,337,000 after purchasing an additional 142,443 shares in the last quarter. Wells Fargo & Company MN grew its position in Vanguard Mortgage-Backed Securities ETF by 10.3% in the 4th quarter. Wells Fargo & Company MN now owns 9,007,305 shares of the exchange traded fund’s stock worth $424,064,000 after purchasing an additional 843,178 shares in the last quarter. Stifel Financial Corp increased its stake in Vanguard Mortgage-Backed Securities ETF by 32.3% in the 4th quarter. Stifel Financial Corp now owns 8,298,375 shares of the exchange traded fund’s stock valued at $390,688,000 after buying an additional 2,026,709 shares during the last quarter. Finally, Mather Group LLC. increased its stake in Vanguard Mortgage-Backed Securities ETF by 3.6% in the 4th quarter. Mather Group LLC. now owns 7,024,424 shares of the exchange traded fund’s stock valued at $330,710,000 after buying an additional 245,905 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.2%

VMBS stock opened at $46.66 on Tuesday. The business has a 50 day moving average of $46.77 and a 200-day moving average of $47.02. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $45.69 and a 12-month high of $47.90.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were given a dividend of $0.1634 per share. The ex-dividend date of this dividend was Monday, June 1st. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16.

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).