Syon Capital LLC Buys Shares of 305,665 Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Syon Capital LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 305,665 shares of the exchange traded fund’s stock, valued at approximately $14,171,000. Vanguard Mortgage-Backed Securities ETF makes up 1.0% of Syon Capital LLC’s holdings, making the stock its 20th largest position. Syon Capital LLC owned 0.08% of Vanguard Mortgage-Backed Securities ETF at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the business. Sugarloaf Wealth Management LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at $27,000. Citigroup Inc. raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 194.0% during the third quarter. Citigroup Inc. now owns 1,379 shares of the exchange traded fund’s stock valued at $60,000 after purchasing an additional 910 shares during the period. City Holding Co. acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at about $61,000. Larson Financial Group LLC raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 72.7% during the third quarter. Larson Financial Group LLC now owns 1,912 shares of the exchange traded fund’s stock valued at $84,000 after purchasing an additional 805 shares during the period. Finally, BluePath Capital Management LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter worth about $90,000.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.3 %

Shares of NASDAQ:VMBS traded up $0.13 during midday trading on Friday, hitting $44.35. 995,252 shares of the company’s stock were exchanged, compared to its average volume of 1,673,153. The stock has a 50 day moving average price of $45.13 and a 200-day moving average price 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 firm also recently announced a monthly dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.1462 per share. The ex-dividend date of this dividend was Monday, April 1st. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.14. This represents a $1.75 annualized dividend 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).