Rossby Financial LCC Acquires New Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Rossby Financial LCC bought a new position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 8,931 shares of the exchange traded fund’s stock, valued at approximately $405,000.

Several other hedge funds have also modified their holdings of the company. Legacy Investment Solutions LLC grew its position in Vanguard Mortgage-Backed Securities ETF by 519.1% during the 4th quarter. Legacy Investment Solutions LLC now owns 551 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 462 shares during the last quarter. POM Investment Strategies LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at $37,000. National Bank of Canada FI increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 290.7% in the 4th quarter. National Bank of Canada FI now owns 1,465 shares of the exchange traded fund’s stock valued at $66,000 after acquiring an additional 1,090 shares during the period. Murphy & Mullick Capital Management Corp purchased a new position in Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth $73,000. Finally, Synergy Investment Management LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth about $84,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of VMBS stock opened at $45.73 on Tuesday. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.04 and a fifty-two week high of $47.59. The stock’s 50-day simple moving average is $45.96 and its 200-day simple moving average is $45.86.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were paid a dividend of $0.164 per share. This represents a $1.97 annualized dividend and a yield of 4.30%. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Tuesday, April 1st.

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).