Private Advisor Group LLC Lowers Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Private Advisor Group LLC trimmed its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 10.5% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 265,919 shares of the exchange traded fund’s stock after selling 31,263 shares during the period. Private Advisor Group LLC owned 0.08% of Vanguard Mortgage-Backed Securities ETF worth $12,485,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Glen Eagle Advisors LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 1,609.7% in the fourth quarter. Glen Eagle Advisors LLC now owns 530 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 499 shares during the last quarter. Imprint Wealth LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at approximately $25,000. DecisionPoint Financial LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth approximately $25,000. Kingdom Financial Group LLC. purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth approximately $29,000. Finally, MilWealth Group LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth approximately $30,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ VMBS opened at $46.61 on Friday. The stock has a 50 day moving average price of $46.71 and a 200-day moving average price of $47.01. Vanguard Mortgage-Backed Securities ETF has a one year low of $45.69 and a one year high of $47.90.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st will be given a dividend of $0.1645 per share. The ex-dividend date is Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.2%.

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).