ST Germain D J Co. Inc. Buys 25,902 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

ST Germain D J Co. Inc. raised its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 5.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 480,708 shares of the exchange traded fund’s stock after acquiring an additional 25,902 shares during the period. Vanguard Mortgage-Backed Securities ETF comprises about 1.0% of ST Germain D J Co. Inc.’s investment portfolio, making the stock its 26th largest position. ST Germain D J Co. Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $21,795,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Truvestments Capital LLC bought a new position in Vanguard Mortgage-Backed Securities ETF during the third quarter worth $35,000. Castleview Partners LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 531.9% in the 3rd quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 734 shares in the last quarter. Armstrong Advisory Group Inc. bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 3rd quarter worth about $45,000. First PREMIER Bank boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 214.5% during the 3rd quarter. First PREMIER Bank now owns 1,478 shares of the exchange traded fund’s stock valued at $70,000 after purchasing an additional 1,008 shares in the last quarter. Finally, Sugarloaf Wealth Management LLC grew its stake in Vanguard Mortgage-Backed Securities ETF by 34.1% during the third quarter. Sugarloaf Wealth Management LLC now owns 1,806 shares of the exchange traded fund’s stock worth $85,000 after purchasing an additional 459 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS traded down $0.26 during trading on Friday, hitting $44.82. The company’s stock had a trading volume of 479,890 shares, compared to its average volume of 1,584,237. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $44.04 and a twelve month high of $47.59. The stock’s fifty day moving average price is $45.69 and its 200-day moving average price is $46.20.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were given a dividend of $0.1522 per share. The ex-dividend date of this dividend was Tuesday, December 24th. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.14.

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).