Concurrent Investment Advisors LLC Grows Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Concurrent Investment Advisors LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 19.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,231 shares of the exchange traded fund’s stock after buying an additional 9,991 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $2,791,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Sowell Financial Services LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 1st quarter valued at approximately $328,000. Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 1.5% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 818,800 shares of the exchange traded fund’s stock worth $37,943,000 after purchasing an additional 12,100 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 4.1% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 1,168,797 shares of the exchange traded fund’s stock worth $54,127,000 after purchasing an additional 46,446 shares during the period. First National Trust Co boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 10.0% in the 1st quarter. First National Trust Co now owns 286,100 shares of the exchange traded fund’s stock worth $13,249,000 after purchasing an additional 26,032 shares during the period. Finally, Keystone Global Partners LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 28.5% in the 2nd quarter. Keystone Global Partners LLC now owns 180,737 shares of the exchange traded fund’s stock worth $8,375,000 after purchasing an additional 40,078 shares during the period.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.1%

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $47.10 on Tuesday. The stock has a 50 day moving average price of $46.74 and a 200-day moving average price of $46.14. Vanguard Mortgage-Backed Securities ETF has a one year low of $44.65 and a one year high of $47.38.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were issued a $0.1533 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%.

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).