Ellis Investment Partners LLC Makes New $355,000 Investment in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Ellis Investment Partners LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 7,512 shares of the exchange traded fund’s stock, valued at approximately $355,000.

A number of other hedge funds also recently made changes to their positions in VMBS. Janus Henderson Group PLC boosted its position in Vanguard Mortgage-Backed Securities ETF by 162.1% during the first quarter. Janus Henderson Group PLC now owns 94,012 shares of the exchange traded fund’s stock worth $4,288,000 after purchasing an additional 58,148 shares during the period. Farther Finance Advisors LLC lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 87.9% during the 2nd quarter. Farther Finance Advisors LLC now owns 11,533 shares of the exchange traded fund’s stock worth $518,000 after buying an additional 5,396 shares during the last quarter. Blair William & Co. IL grew its stake in Vanguard Mortgage-Backed Securities ETF by 10.4% in the 1st quarter. Blair William & Co. IL now owns 4,734 shares of the exchange traded fund’s stock valued at $216,000 after buying an additional 447 shares during the last quarter. Bessemer Group Inc. raised its holdings in Vanguard Mortgage-Backed Securities ETF by 8.0% in the 1st quarter. Bessemer Group Inc. now owns 4,710 shares of the exchange traded fund’s stock valued at $215,000 after acquiring an additional 350 shares during the period. Finally, Headlands Technologies LLC bought a new position in Vanguard Mortgage-Backed Securities ETF in the 1st quarter valued at about $36,000.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.1 %

Shares of NASDAQ:VMBS traded down $0.05 during trading on Friday, reaching $45.96. 1,357,513 shares of the stock were exchanged, compared to its average volume of 1,612,284. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $42.40 and a 12 month high of $47.59. The stock has a 50-day moving average price of $46.89 and a 200-day moving average price of $45.91.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, October 3rd. Investors of record on Tuesday, October 1st were paid a $0.145 dividend. The ex-dividend date was Tuesday, October 1st. This represents a $1.74 annualized dividend and a yield of 3.79%.

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).