Gilbert & Cook Inc. Buys 700 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Gilbert & Cook Inc. lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 13.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,851 shares of the exchange traded fund’s stock after acquiring an additional 700 shares during the quarter. Gilbert & Cook Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $276,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Envestnet Asset Management Inc. grew its stake in shares of 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 valued at $867,826,000 after acquiring an additional 659,720 shares during the period. Bank of New York Mellon Corp grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 0.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 10,055,325 shares of the exchange traded fund’s stock valued at $456,512,000 after acquiring an additional 79,124 shares during the period. Assetmark Inc. grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.8% during 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 grew its stake 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 during the period. Finally, Raymond James & Associates grew its stake in shares of 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 valued at $162,004,000 after acquiring an additional 1,737,364 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

NASDAQ VMBS opened at $45.55 on Monday. The stock’s 50 day moving average is $46.52 and its 200 day moving average is $46.05. 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 firm also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were issued a $0.153 dividend. The ex-dividend date of this dividend was Friday, November 1st. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. This represents a $1.84 dividend on an annualized basis and a yield of 4.03%.

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).