PFG Advisors Grows Stock Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

PFG Advisors increased its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 8.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 30,249 shares of the exchange traded fund’s stock after buying an additional 2,285 shares during the quarter. PFG Advisors’ holdings in Vanguard Mortgage-Backed Securities ETF were worth $1,600,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VMBS. GWM Advisors LLC lifted its position in Vanguard Mortgage-Backed Securities ETF by 12.5% in the first quarter. GWM Advisors LLC now owns 31,125 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 3,459 shares during the period. AlphaMark Advisors LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the second quarter valued at about $37,000. Camarda Financial Advisors LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the first quarter valued at about $39,000. Valeo Financial Advisors LLC lifted its position in Vanguard Mortgage-Backed Securities ETF by 928.6% in the second quarter. Valeo Financial Advisors LLC now owns 936 shares of the exchange traded fund’s stock valued at $49,000 after purchasing an additional 845 shares during the period. Finally, Enterprise Financial Services Corp acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the first quarter valued at about $91,000.

NASDAQ:VMBS traded down $0.05 during mid-day trading on Wednesday, reaching $53.09. The stock had a trading volume of 4,806 shares, compared to its average volume of 841,839. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $50.19 and a twelve month high of $53.17. The business has a 50 day simple moving average of $52.92 and a 200 day simple moving average of $52.34.

The company also recently disclosed a monthly dividend, which was paid on Tuesday, August 6th. Investors of record on Friday, August 2nd were given a $0.133 dividend. The ex-dividend date was Thursday, August 1st. This represents a $1.60 dividend on an annualized basis and a yield of 3.01%. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.07.

About Vanguard Mortgage-Backed Securities ETF

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).

See Also: Buy-Side Analysts

Want to see what other hedge funds are holding VMBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS).

Institutional Ownership by Quarter for Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Receive News & Ratings for Vanguard Mortgage-Backed Securities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Mortgage-Backed Securities ETF and related companies with MarketBeat.com's FREE daily email newsletter.