Say Investments Inc. reduced its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS – free report ) by 33.3% during the first quarter, according to its latest 13F filing with the Securities and Exchange Commission. The fund sold 99,324 shares during the quarter, leaving it holding 199,154 shares of the ETF. Say Investments Inc. held about 0.05% of Vanguard Mortgage-Backed Securities ETF worth $9,083,000, according to its latest SEC filing.
A number of other institutional investors also modified their holdings in VMBS. Morningstar Investment Services LLC increased its holdings in Vanguard Mortgage-Backed Securities ETF by 200.4% in the fourth quarter. Morningstar Investment Services LLC now holds 5,292,600 shares of the exchange-traded fund, valued at $245,629,000, after acquiring an additional 3,531,000 shares in the last quarter. The Bank of New York Mellon Co. increased its holdings in Vanguard Mortgage-Backed Securities ETF by 27.4% in the first quarter. The Bank of New York Mellon Co. now holds 9,976,201 shares of the exchange-traded fund, valued at $455,015,000.This comes after purchasing an additional 2,143,081 shares during the period. Envestnet Asset Management Inc. increased its holdings in Vanguard Mortgage-Backed Securities ETF by 7.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 17,498,487 shares of the exchange-traded fund, valued at $811,230,000, after purchasing an additional 1,138,921 shares during the period. Cantor Fitzgerald Investment Advisors LP purchased a new share of Vanguard Mortgage-Backed Securities ETF in the fourth quarter for $38,815,000. Finally, Victory Capital Management Inc. increased its holdings in Vanguard Mortgage-Backed Securities ETF by 94.6% in the fourth quarter. Victory Capital Management Inc. now owns 1,255,732 shares of the exchange-traded fund's stock valued at $58,216,000 after purchasing an additional 610,385 shares during the period.
Vanguard Mortgage-Backed Securities ETF Stock Performance
VMBS began trading at $45.88 on Friday. The company’s 50-day simple moving average is $45.39 and its 200-day simple moving average is $45.33. Vanguard Mortgage-Backed Securities ETF’s one-year low is $42.06 and its one-year high is $46.59.
Vanguard Mortgage-Backed Securities ETF Increases Dividend
The company also recently declared a monthly dividend, which was paid on Wednesday, July 3. Investors of record on Monday, July 1st were paid a dividend of $0.151. The ex-dividend date for this dividend was on Monday, July 1st. This is an increase from Vanguard Mortgage-Backed Securities ETF's previous monthly dividend of $0.15. This equates to an annualized dividend of $1.81 and a yield of 3.95%.
About Vanguard Mortgage-Backed Securities ETF
(Free report)
The Vanguard Mortgage Backed Securities ETF (the Fund) seeks to track the performance of a market-weighted mortgage-backed securities index. The Fund employs a passively managed or index investing approach designed to track the performance of the Barclays Capital US MBS Float Adjusted Index (the Index).
Featured Articles
Get Vanguard Mortgage-Backed Securities ETF News and Ratings Daily – Enter your email address below to receive a concise summary of the latest news and analyst ratings on Vanguard Mortgage-Backed Securities ETF and related companies every day with MarketBeat.com's free daily email newsletter.