Vanguard Mortgage-Backed Securities ETF $VMBS Shares Bought by United Capital Management of KS Inc.

United Capital Management of KS Inc. raised its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 9.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 188,785 shares of the exchange traded fund’s stock after acquiring an additional 16,542 shares during the period. United Capital Management of KS Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $8,865,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in VMBS. Brighton Jones LLC grew its holdings in Vanguard Mortgage-Backed Securities ETF by 4.6% in the 4th 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 acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the first quarter worth approximately $342,000. Focus Partners Wealth purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the first quarter valued at approximately $921,000. Bank of Montreal Can increased its position in 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 worth $3,578,000 after purchasing an additional 550 shares during the last quarter. Finally, First Horizon Advisors Inc. raised its stake in Vanguard Mortgage-Backed Securities ETF by 2.0% during the second quarter. First Horizon Advisors Inc. now owns 32,841 shares of the exchange traded fund’s stock worth $1,522,000 after purchasing an additional 659 shares during the period.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.3%

Shares of VMBS opened at $47.24 on Friday. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.85 and a fifty-two week high of $47.90. The company’s fifty day moving average is $47.31 and its two-hundred day moving average is $47.11.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a $0.1609 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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).