Clifford Group LLC Buys 1,994 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Clifford Group LLC lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 5.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 38,741 shares of the exchange traded fund’s stock after purchasing an additional 1,994 shares during the period. Vanguard Mortgage-Backed Securities ETF makes up about 1.4% of Clifford Group LLC’s investment portfolio, making the stock its 16th biggest position. Clifford Group LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $1,759,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of VMBS. Morningstar Investment Services LLC lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 200.4% during the 4th quarter. Morningstar Investment Services LLC now owns 5,292,600 shares of the exchange traded fund’s stock worth $245,629,000 after buying an additional 3,531,000 shares in the last quarter. Charles Schwab Investment Advisory Inc. lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.2% during the first 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 acquiring an additional 2,856,614 shares during the period. Bank of New York Mellon Corp boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 27.4% in the first quarter. Bank of New York Mellon Corp now owns 9,976,201 shares of the exchange traded fund’s stock valued at $455,015,000 after acquiring an additional 2,143,081 shares during the last quarter. Jane Street Group LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the first quarter worth about $57,419,000. Finally, Envestnet Asset Management Inc. raised its holdings in Vanguard Mortgage-Backed Securities ETF by 7.0% during the 4th quarter. Envestnet Asset Management Inc. now owns 17,498,487 shares of the exchange traded fund’s stock worth $811,230,000 after purchasing an additional 1,138,921 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Vanguard Mortgage-Backed Securities ETF stock opened at $47.37 on Friday. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $42.06 and a 1 year high of $47.59. The company’s 50-day moving average is $46.68 and its two-hundred day moving average is $45.68.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

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

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).