Mitsubishi UFJ Asset Management Co. Ltd. Trims Stake in Vanguard Mortgage-Backed Securities ETF $VMBS

Mitsubishi UFJ Asset Management Co. Ltd. lessened its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 3.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 824,100 shares of the exchange traded fund’s stock after selling 27,200 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $38,700,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 4.6% during the fourth quarter. Brighton Jones LLC now owns 7,833 shares of the exchange traded fund’s stock valued at $355,000 after buying an additional 347 shares during the period. AQR Capital Management LLC bought a new position in Vanguard Mortgage-Backed Securities ETF in the 1st quarter valued at $342,000. Focus Partners Wealth purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the first quarter worth $921,000. TIAA Trust National Association bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the second quarter worth $3,394,000. Finally, Bank of Montreal Can boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 0.7% during the second quarter. Bank of Montreal Can now owns 77,212 shares of the exchange traded fund’s stock valued at $3,578,000 after purchasing an additional 550 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ VMBS opened at $47.86 on Monday. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $44.85 and a 12 month high of $47.90. The company’s 50-day moving average price is $47.29 and its 200-day moving average price is $47.09.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were paid a $0.1645 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.1%. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16.

Vanguard Mortgage-Backed Securities ETF 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). 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).