Kathleen S. Wright Associates Inc. Has $1.09 Million Stock Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Kathleen S. Wright Associates Inc. increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 17.7% in the 3rd quarter, HoldingsChannel reports. The firm owned 23,155 shares of the exchange traded fund’s stock after acquiring an additional 3,484 shares during the period. Kathleen S. Wright Associates Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $1,093,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. Asset Dedication LLC increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 3,666.7% during the second quarter. Asset Dedication LLC now owns 565 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 550 shares in the last quarter. Carmichael Hill & Associates Inc. raised its position in Vanguard Mortgage-Backed Securities ETF by 59.7% in the 2nd quarter. Carmichael Hill & Associates Inc. now owns 736 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 275 shares during the last quarter. Headlands Technologies LLC bought a new position in Vanguard Mortgage-Backed Securities ETF during the 1st quarter valued at $36,000. Armstrong Advisory Group Inc. purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter worth $45,000. Finally, FSA Wealth Management LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the first quarter valued at about $53,000.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.3 %

VMBS stock traded down $0.12 during trading on Monday, reaching $46.35. The stock had a trading volume of 291,608 shares, compared to its average volume of 1,614,373. Vanguard Mortgage-Backed Securities ETF has a one year low of $42.06 and a one year high of $47.59. The company’s 50 day moving average is $46.97 and its two-hundred day moving average is $45.84.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Tuesday, October 1st were given a dividend of $0.145 per share. This represents a $1.74 dividend on an annualized basis and a dividend yield of 3.75%. The ex-dividend date of this dividend was Tuesday, October 1st.

Vanguard Mortgage-Backed Securities ETF Company 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).