Mercer Global Advisors Inc. ADV Trims Stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Mercer Global Advisors Inc. ADV cut its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 8.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 387,281 shares of the exchange traded fund’s stock after selling 35,834 shares during the quarter. Mercer Global Advisors Inc. ADV owned approximately 0.10% of Vanguard Mortgage-Backed Securities ETF worth $17,583,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Charles Schwab Investment Advisory Inc. increased its position in Vanguard Mortgage-Backed Securities ETF by 2.2% during the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 134,995,733 shares of the exchange traded fund’s stock valued at $6,157,155,000 after buying an additional 2,856,614 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in Vanguard Mortgage-Backed Securities ETF by 3.6% in the second quarter. Envestnet Asset Management Inc. now owns 19,115,115 shares of the exchange traded fund’s stock worth $867,826,000 after buying an additional 659,720 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 0.8% in the second quarter. Bank of New York Mellon Corp now owns 10,055,325 shares of the exchange traded fund’s stock worth $456,512,000 after buying an additional 79,124 shares in the last quarter. Morningstar Investment Services LLC grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 200.4% during the fourth quarter. Morningstar Investment Services LLC now owns 5,292,600 shares of the exchange traded fund’s stock valued at $245,629,000 after buying an additional 3,531,000 shares during the last quarter. Finally, LPL Financial LLC increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 2.9% during the second quarter. LPL Financial LLC now owns 4,996,495 shares of the exchange traded fund’s stock valued at $226,841,000 after acquiring an additional 143,135 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.2 %

VMBS stock opened at $47.34 on Thursday. The stock’s 50 day simple moving average is $46.65 and its 200 day simple moving average is $45.67. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $42.06 and a 12-month high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were given a dividend of $0.154 per share. The ex-dividend date was Tuesday, September 3rd. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. This represents a $1.85 annualized dividend and a dividend yield of 3.90%.

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).