Private Advisor Group LLC Has $9.42 Million Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Private Advisor Group LLC raised its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 1.0% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 206,616 shares of the exchange traded fund’s stock after buying an additional 2,010 shares during the period. Private Advisor Group LLC owned about 0.05% of Vanguard Mortgage-Backed Securities ETF worth $9,424,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of VMBS. Envestnet Asset Management Inc. lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 7.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 17,498,487 shares of the exchange traded fund’s stock worth $811,230,000 after purchasing an additional 1,138,921 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 4.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,466,869 shares of the exchange traded fund’s stock worth $458,238,000 after buying an additional 480,055 shares during the period. Bank of New York Mellon Corp grew its stake in Vanguard Mortgage-Backed Securities ETF by 27.4% in the 1st quarter. Bank of New York Mellon Corp now owns 9,976,201 shares of the exchange traded fund’s stock valued at $455,015,000 after buying an additional 2,143,081 shares during the last quarter. Assetmark Inc. lifted its position in Vanguard Mortgage-Backed Securities ETF by 1.8% during the 4th quarter. Assetmark Inc. now owns 6,303,927 shares of the exchange traded fund’s stock worth $292,250,000 after acquiring an additional 110,739 shares during the last quarter. Finally, Morningstar Investment Services LLC boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 200.4% during the fourth quarter. Morningstar Investment Services LLC now owns 5,292,600 shares of the exchange traded fund’s stock valued at $245,629,000 after acquiring an additional 3,531,000 shares during the period.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.6 %

Shares of NASDAQ:VMBS traded up $0.27 during midday trading on Friday, hitting $45.53. The company’s stock had a trading volume of 803,932 shares, compared to its average volume of 1,502,375. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $42.06 and a fifty-two week high of $46.59. The stock’s 50 day simple moving average is $45.12 and its 200 day simple moving average is $45.36.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st were issued a dividend of $0.151 per share. The ex-dividend date of this dividend was Monday, July 1st. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. This represents a $1.81 dividend on an annualized basis and a dividend yield of 3.98%.

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).