Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Acquired by Merriman Wealth Management LLC

Merriman Wealth Management LLC grew its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 75.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,053 shares of the exchange traded fund’s stock after acquiring an additional 7,338 shares during the quarter. Merriman Wealth Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $774,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of VMBS. Morningstar Investment Services LLC grew its position in 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 acquiring an additional 3,531,000 shares during the period. Charles Schwab Investment Advisory Inc. grew its stake in 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 worth $6,157,155,000 after buying an additional 2,856,614 shares during the period. Bank of New York Mellon Corp boosted its position in Vanguard Mortgage-Backed Securities ETF by 27.4% during the 1st quarter. Bank of New York Mellon Corp now owns 9,976,201 shares of the exchange traded fund’s stock worth $455,015,000 after purchasing an additional 2,143,081 shares during the period. Jane Street Group LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the first quarter valued at about $57,419,000. Finally, Envestnet Asset Management Inc. raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 7.0% during the fourth quarter. Envestnet Asset Management Inc. now owns 17,498,487 shares of the exchange traded fund’s stock valued at $811,230,000 after purchasing an additional 1,138,921 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

NASDAQ VMBS opened at $47.31 on Friday. The company’s fifty day simple moving average is $46.71 and its 200-day simple moving average is $45.69. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $42.06 and a 52 week 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. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.154 per share. The ex-dividend date was Tuesday, September 3rd. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. This represents a $1.85 annualized dividend and a yield of 3.91%.

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).