Brighton Securities CORP. Makes New Investment in Vanguard Mortgage-Backed Securities ETF $VMBS

Brighton Securities CORP. purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 14,950 shares of the exchange traded fund’s stock, valued at approximately $704,000. Vanguard Mortgage-Backed Securities ETF accounts for approximately 0.3% of Brighton Securities CORP.’s investment portfolio, making the stock its 23rd biggest position.

A number of other large investors have also made changes to their positions in VMBS. Bank of America Corp DE lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 3.7% in 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 during the period. Bank of New York Mellon Corp boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 1.4% during the fourth 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 buying 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% during the fourth quarter. Wells Fargo & Company MN now owns 9,007,305 shares of the exchange traded fund’s stock worth $424,064,000 after buying an additional 843,178 shares during the period. Stifel Financial Corp grew its position in Vanguard Mortgage-Backed Securities ETF by 32.3% during the fourth quarter. Stifel Financial Corp now owns 8,298,375 shares of the exchange traded fund’s stock worth $390,688,000 after buying an additional 2,026,709 shares during the period. Finally, Mather Group LLC. grew its position in Vanguard Mortgage-Backed Securities ETF by 3.6% during the fourth quarter. Mather Group LLC. now owns 7,024,424 shares of the exchange traded fund’s stock worth $330,710,000 after buying an additional 245,905 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $46.74 on Friday. The company has a 50-day moving average of $46.77 and a two-hundred 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 company also recently declared a dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were issued a $0.1634 dividend. The ex-dividend date was Monday, June 1st. This is an increase 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).