1832 Asset Management L.P. Reduces Stock Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

1832 Asset Management L.P. decreased its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 0.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 766,931 shares of the exchange traded fund’s stock after selling 7,188 shares during the period. 1832 Asset Management L.P. owned 0.20% of Vanguard Mortgage-Backed Securities ETF worth $34,819,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Vantage Financial Partners LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth $394,000. Accretive Wealth Partners LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth about $338,000. Brown Advisory Inc. increased its position in Vanguard Mortgage-Backed Securities ETF by 16.4% in the 4th quarter. Brown Advisory Inc. now owns 7,941 shares of the exchange traded fund’s stock valued at $368,000 after acquiring an additional 1,116 shares during the period. Certus Wealth Management LLC raised its stake in Vanguard Mortgage-Backed Securities ETF by 1.2% during the 4th quarter. Certus Wealth Management LLC now owns 75,637 shares of the exchange traded fund’s stock valued at $3,507,000 after acquiring an additional 896 shares during the last quarter. Finally, SageView Advisory Group LLC lifted its position in Vanguard Mortgage-Backed Securities ETF by 45.3% during the 4th quarter. SageView Advisory Group LLC now owns 8,589 shares of the exchange traded fund’s stock worth $395,000 after acquiring an additional 2,678 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

NASDAQ:VMBS opened at $47.28 on Tuesday. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $42.06 and a 12-month high of $47.59. The stock’s 50 day simple moving average is $46.74 and its 200-day simple moving average is $45.70.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were paid a $0.154 dividend. This represents a $1.85 annualized dividend and a dividend yield of 3.91%. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15.

Vanguard Mortgage-Backed Securities ETF Company 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).