Bank of New York Mellon Corp Has $91.77 Million Position in Vanguard Mortgage-Backed Securities ETF (VMBS)

Bank of New York Mellon Corp boosted its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 28.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,785,107 shares of the exchange traded fund’s stock after buying an additional 395,671 shares during the period. Bank of New York Mellon Corp owned approximately 1.28% of Vanguard Mortgage-Backed Securities ETF worth $91,772,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in VMBS. Centaurus Financial Inc. acquired a new position in Vanguard Mortgage-Backed Securities ETF in the second quarter valued at approximately $114,000. FDx Advisors Inc. acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the second quarter worth $279,000. Bbva Compass Bancshares Inc. acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the second quarter worth $318,000. Bedel Financial Consulting Inc. raised its holdings in Vanguard Mortgage-Backed Securities ETF by 14.8% in the second quarter. Bedel Financial Consulting Inc. now owns 8,059 shares of the exchange traded fund’s stock worth $414,000 after purchasing an additional 1,040 shares during the period. Finally, Private Capital Group LLC raised its holdings in Vanguard Mortgage-Backed Securities ETF by 11.6% in the second quarter. Private Capital Group LLC now owns 9,725 shares of the exchange traded fund’s stock worth $499,000 after purchasing an additional 1,007 shares during the period.

VMBS opened at $50.31 on Friday. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $50.19 and a twelve month high of $52.73.

The company also recently announced a monthly dividend, which was paid on Tuesday, November 6th. Shareholders of record on Friday, November 2nd were issued a $0.134 dividend. The ex-dividend date of this dividend was Thursday, November 1st. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.07. This represents a $1.61 annualized dividend and a yield of 3.20%.

ILLEGAL ACTIVITY WARNING: “Bank of New York Mellon Corp Has $91.77 Million Position in Vanguard Mortgage-Backed Securities ETF (VMBS)” was posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this story on another website, it was stolen and republished in violation of United States & international copyright & trademark legislation. The correct version of this story can be accessed at https://sportsperspectives.com/2018/11/10/bank-of-new-york-mellon-corp-has-91-77-million-position-in-vanguard-mortgage-backed-securities-etf-vmbs.html.

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).

Recommended Story: NASDAQ

Institutional Ownership by Quarter for Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Receive News & Ratings for Vanguard Mortgage-Backed Securities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Mortgage-Backed Securities ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply