True North Advisors LLC Has $1.33 Million Stock Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

True North Advisors LLC reduced its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 2.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 28,207 shares of the exchange traded fund’s stock after selling 620 shares during the period. True North Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $1,332,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in VMBS. AdvisorNet Financial Inc boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 0.5% in the 1st quarter. AdvisorNet Financial Inc now owns 50,036 shares of the exchange traded fund’s stock worth $2,282,000 after buying an additional 250 shares during the last quarter. Carmichael Hill & Associates Inc. boosted its position in Vanguard Mortgage-Backed Securities ETF by 59.7% in the second quarter. Carmichael Hill & Associates Inc. now owns 736 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 275 shares during the last quarter. Security Financial Services INC. grew its stake in Vanguard Mortgage-Backed Securities ETF by 1.1% in the 1st quarter. Security Financial Services INC. now owns 27,298 shares of the exchange traded fund’s stock valued at $1,245,000 after purchasing an additional 284 shares during the period. Arden Trust Co increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 1.6% during the 1st quarter. Arden Trust Co now owns 20,481 shares of the exchange traded fund’s stock valued at $934,000 after purchasing an additional 313 shares during the last quarter. Finally, AA Financial Advisors LLC raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 5.7% during the 2nd quarter. AA Financial Advisors LLC now owns 6,370 shares of the exchange traded fund’s stock worth $289,000 after purchasing an additional 343 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of NASDAQ:VMBS opened at $46.59 on Wednesday. The company’s 50-day moving average is $46.97 and its 200 day moving average is $45.82. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $42.06 and a fifty-two week high of $47.59.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were paid a $0.145 dividend. This represents a $1.74 dividend on an annualized basis and a yield of 3.73%. The ex-dividend date was Tuesday, October 1st.

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).