305,665 Shares in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Purchased by Syon Capital LLC

Syon Capital LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 305,665 shares of the exchange traded fund’s stock, valued at approximately $14,171,000. Vanguard Mortgage-Backed Securities ETF comprises approximately 1.0% of Syon Capital LLC’s investment portfolio, making the stock its 20th largest holding.

Several other hedge funds have also recently bought and sold shares of VMBS. Consolidated Portfolio Review Corp raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 0.3% during the 4th quarter. Consolidated Portfolio Review Corp now owns 79,132 shares of the exchange traded fund’s stock worth $3,669,000 after purchasing an additional 244 shares in the last quarter. OmniStar Financial Group Inc. raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.4% during the 4th quarter. OmniStar Financial Group Inc. now owns 10,590 shares of the exchange traded fund’s stock worth $491,000 after purchasing an additional 248 shares in the last quarter. Ieq Capital LLC raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 3.3% during the 3rd quarter. Ieq Capital LLC now owns 8,671 shares of the exchange traded fund’s stock worth $380,000 after purchasing an additional 273 shares in the last quarter. HBW Advisory Services LLC raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 5.0% during the 4th quarter. HBW Advisory Services LLC now owns 6,079 shares of the exchange traded fund’s stock worth $282,000 after purchasing an additional 287 shares in the last quarter. Finally, Arden Trust Co raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 1.8% during the 4th quarter. Arden Trust Co now owns 20,168 shares of the exchange traded fund’s stock worth $935,000 after purchasing an additional 362 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.3 %

Shares of VMBS traded up $0.13 during midday trading on Friday, reaching $44.35. 995,252 shares of the stock were exchanged, compared to its average volume of 1,673,153. The firm has a 50 day simple moving average of $45.13 and a 200-day simple moving average of $44.96. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $42.06 and a 12-month high of $47.04.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were issued a dividend of $0.1462 per share. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.14. The ex-dividend date was Monday, April 1st. This represents a $1.75 dividend on an annualized basis and a dividend yield of 3.96%.

Vanguard Mortgage-Backed Securities ETF 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).