United Asset Strategies Inc. Grows Stock Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

United Asset Strategies Inc. lifted its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 20.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 404,052 shares of the exchange traded fund’s stock after acquiring an additional 67,572 shares during the period. Vanguard Mortgage-Backed Securities ETF accounts for approximately 1.5% of United Asset Strategies Inc.’s holdings, making the stock its 13th biggest holding. United Asset Strategies Inc. owned 0.12% of Vanguard Mortgage-Backed Securities ETF worth $18,974,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Mather Group LLC. boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 6,012.2% in the 2nd quarter. Mather Group LLC. now owns 6,470,848 shares of the exchange traded fund’s stock worth $299,859,000 after purchasing an additional 6,364,981 shares during the period. JPMorgan Chase & Co. lifted its position in Vanguard Mortgage-Backed Securities ETF by 2.0% in the second quarter. JPMorgan Chase & Co. now owns 49,670,899 shares of the exchange traded fund’s stock worth $2,301,750,000 after buying an additional 964,005 shares during the last quarter. Bank of America Corp DE boosted its stake in Vanguard Mortgage-Backed Securities ETF by 1.2% during the second quarter. Bank of America Corp DE now owns 53,150,304 shares of the exchange traded fund’s stock worth $2,462,985,000 after buying an additional 643,509 shares during the period. Osaic Holdings Inc. increased its position in Vanguard Mortgage-Backed Securities ETF by 114.0% during the second quarter. Osaic Holdings Inc. now owns 965,523 shares of the exchange traded fund’s stock valued at $44,750,000 after acquiring an additional 514,439 shares during the last quarter. Finally, Bell Bank raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 74.3% in the third quarter. Bell Bank now owns 778,461 shares of the exchange traded fund’s stock valued at $36,557,000 after acquiring an additional 331,869 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Vanguard Mortgage-Backed Securities ETF stock opened at $47.13 on Thursday. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $44.65 and a 12-month high of $47.46. The firm has a 50-day moving average price of $47.09 and a 200-day moving average price of $46.75.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 3rd. Investors of record on Monday, December 1st were paid a dividend of $0.1615 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Monday, December 1st.

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). The Index covers the United States agency mortgage-backed, pass-through securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).