Thrivent Financial for Lutherans Raises Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Thrivent Financial for Lutherans raised its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 42.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 201,154 shares of the exchange traded fund’s stock after acquiring an additional 60,314 shares during the period. Thrivent Financial for Lutherans owned approximately 0.05% of Vanguard Mortgage-Backed Securities ETF worth $9,496,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. increased its position in Vanguard Mortgage-Backed Securities ETF by 3.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 19,115,115 shares of the exchange traded fund’s stock worth $867,826,000 after purchasing an additional 659,720 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 0.8% in the second quarter. Bank of New York Mellon Corp now owns 10,055,325 shares of the exchange traded fund’s stock worth $456,512,000 after acquiring an additional 79,124 shares in the last quarter. Assetmark Inc. raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.8% in the 3rd quarter. Assetmark Inc. now owns 7,642,051 shares of the exchange traded fund’s stock valued at $360,781,000 after acquiring an additional 207,604 shares during the period. LPL Financial LLC lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 2.9% during the 2nd quarter. LPL Financial LLC now owns 4,996,495 shares of the exchange traded fund’s stock valued at $226,841,000 after acquiring an additional 143,135 shares in the last quarter. Finally, Raymond James & Associates boosted its position in Vanguard Mortgage-Backed Securities ETF by 102.5% during the 3rd quarter. Raymond James & Associates now owns 3,431,563 shares of the exchange traded fund’s stock worth $162,004,000 after purchasing an additional 1,737,364 shares during the period.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.0 %

Shares of NASDAQ VMBS opened at $45.66 on Friday. The stock has a fifty day moving average price of $46.38 and a 200 day moving average price of $46.07. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $44.04 and a 12-month high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were issued a dividend of $0.153 per share. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. This represents a $1.84 annualized dividend and a dividend yield of 4.02%. The ex-dividend date of this dividend was Friday, November 1st.

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).