Clean Yield Group Cuts Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Clean Yield Group trimmed its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 14.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,855 shares of the exchange traded fund’s stock after selling 800 shares during the period. Clean Yield Group’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $225,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in VMBS. JPMorgan Chase & Co. raised its holdings in Vanguard Mortgage-Backed Securities ETF by 26.1% in the third quarter. JPMorgan Chase & Co. now owns 8,581,819 shares of the exchange traded fund’s stock worth $405,148,000 after purchasing an additional 1,777,531 shares in the last quarter. Brighton Jones LLC grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 4.6% in the 4th quarter. Brighton Jones LLC now owns 7,833 shares of the exchange traded fund’s stock worth $355,000 after buying an additional 347 shares during the last quarter. Stratos Wealth Partners LTD. raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 80.7% during the 4th quarter. Stratos Wealth Partners LTD. now owns 24,779 shares of the exchange traded fund’s stock worth $1,123,000 after acquiring an additional 11,066 shares in the last quarter. Choreo LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth approximately $462,000. Finally, Financial Advocates Investment Management lifted its position in Vanguard Mortgage-Backed Securities ETF by 8.4% during the fourth quarter. Financial Advocates Investment Management now owns 15,979 shares of the exchange traded fund’s stock valued at $725,000 after acquiring an additional 1,237 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of VMBS opened at $45.28 on Friday. The company has a 50 day moving average of $45.71 and a two-hundred day moving average of $45.73. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $44.65 and a twelve month high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were issued a dividend of $0.1607 per share. The ex-dividend date of this dividend was Monday, June 2nd. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16.

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).