Envestnet Asset Management Inc. Raises Stock Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Envestnet Asset Management Inc. grew its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 5.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,220,955 shares of the exchange traded fund’s stock after acquiring an additional 1,139,467 shares during the quarter. Envestnet Asset Management Inc. owned about 6.80% of Vanguard Mortgage-Backed Securities ETF worth $1,043,496,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Legacy Investment Solutions LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF in the second quarter valued at about $32,000. Evolution Wealth Management Inc. purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 2nd quarter valued at $34,000. Tidemark LLC increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 665.4% in the third quarter. Tidemark LLC now owns 796 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 692 shares during the period. CENTRAL TRUST Co acquired a new position in Vanguard Mortgage-Backed Securities ETF during the second quarter valued at $38,000. Finally, Fortitude Family Office LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the third quarter valued at $38,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of VMBS opened at $47.03 on Wednesday. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.85 and a 52 week high of $47.46. The stock’s 50-day moving average price is $47.14 and its 200-day moving average price is $46.92.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd will be issued a dividend of $0.1645 per share. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) annualized dividend and a dividend 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).