First Interstate Bank Buys 44,564 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

First Interstate Bank increased its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 3.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,379,528 shares of the exchange traded fund’s stock after buying an additional 44,564 shares during the quarter. Vanguard Mortgage-Backed Securities ETF accounts for 3.6% of First Interstate Bank’s portfolio, making the stock its 11th biggest holding. First Interstate Bank’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $64,769,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Seelaus Asset Management LLC increased its stake in Vanguard Mortgage-Backed Securities ETF by 2.9% during the first quarter. Seelaus Asset Management LLC now owns 15,905 shares of the exchange traded fund’s stock valued at $747,000 after acquiring an additional 454 shares during the period. Greenwood Capital Associates LLC lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 4.4% in the 1st quarter. Greenwood Capital Associates LLC now owns 155,487 shares of the exchange traded fund’s stock worth $7,300,000 after acquiring an additional 6,527 shares during the period. Staley Capital Advisers Inc. lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 5.8% in the 1st quarter. Staley Capital Advisers Inc. now owns 331,425 shares of the exchange traded fund’s stock worth $15,560,000 after acquiring an additional 18,200 shares during the period. Brighton Securities CORP. grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 97.6% during the 1st quarter. Brighton Securities CORP. now owns 29,538 shares of the exchange traded fund’s stock worth $1,387,000 after purchasing an additional 14,588 shares in the last quarter. Finally, United Asset Strategies Inc. grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 0.9% during the 1st quarter. United Asset Strategies Inc. now owns 418,804 shares of the exchange traded fund’s stock worth $19,663,000 after purchasing an additional 3,530 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

VMBS opened at $46.37 on Thursday. The stock’s 50 day simple moving average is $46.68 and its 200-day simple moving average is $46.99. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $45.69 and a 1 year high of $47.90.

Vanguard Mortgage-Backed Securities ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were paid a dividend of $0.1645 per share. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 4.3%.

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). 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).