Manning & Napier Advisors LLC Purchases 125,452 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

Manning & Napier Advisors LLC increased its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 20.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 737,258 shares of the exchange traded fund’s stock after purchasing an additional 125,452 shares during the period. Manning & Napier Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $34,784,000 at the end of the most recent quarter.

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 purchased 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 shares of Vanguard Mortgage-Backed Securities ETF in the first quarter worth approximately $921,000. Baird Financial Group Inc. bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 2nd quarter worth approximately $210,000. Finally, Brown Advisory Inc. lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 26.0% during the 2nd quarter. Brown Advisory Inc. now owns 6,411 shares of the exchange traded fund’s stock worth $297,000 after acquiring an additional 1,323 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

VMBS opened at $46.95 on Friday. The business has a fifty day moving average of $47.04 and a 200 day moving average of $47.14. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $45.05 and a 52-week high of $47.90.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were paid a dividend of $0.1609 per share. The ex-dividend date of this dividend was Friday, May 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).