Continental Investors Services Inc. Purchases 581 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Continental Investors Services Inc. grew its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 11.4% in the third quarter, HoldingsChannel reports. The fund owned 5,659 shares of the exchange traded fund’s stock after acquiring an additional 581 shares during the period. Continental Investors Services Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $267,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Asset Dedication LLC grew its position in Vanguard Mortgage-Backed Securities ETF by 3,666.7% in the second quarter. Asset Dedication LLC now owns 565 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 550 shares in the last quarter. Carmichael Hill & Associates Inc. lifted its position in Vanguard Mortgage-Backed Securities ETF by 59.7% during the 2nd quarter. Carmichael Hill & Associates Inc. now owns 736 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 275 shares in the last quarter. Truvestments Capital LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 3rd quarter worth about $35,000. Castleview Partners LLC grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 531.9% in the 3rd quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 734 shares in the last quarter. Finally, Armstrong Advisory Group Inc. bought a new stake in Vanguard Mortgage-Backed Securities ETF during the third quarter worth about $45,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of NASDAQ VMBS opened at $46.24 on Wednesday. The stock has a 50 day moving average price of $46.11 and a 200 day moving average price of $46.18. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.04 and a 52 week high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a $0.153 dividend. The ex-dividend date was Friday, November 1st. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. This represents a $1.84 annualized dividend and a dividend yield of 3.97%.

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).