Clark Asset Management LLC Has $13.06 Million Stock Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Clark Asset Management LLC lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 9.1% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 281,817 shares of the exchange traded fund’s stock after purchasing an additional 23,395 shares during the quarter. Vanguard Mortgage-Backed Securities ETF accounts for 1.8% of Clark Asset Management LLC’s holdings, making the stock its 16th biggest holding. Clark Asset Management LLC owned approximately 0.09% of Vanguard Mortgage-Backed Securities ETF worth $13,059,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. United Capital Management of KS Inc. acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 2nd quarter worth $7,982,000. Cobblestone Capital Advisors LLC NY boosted its stake in Vanguard Mortgage-Backed Securities ETF by 2.9% in the second quarter. Cobblestone Capital Advisors LLC NY now owns 34,410 shares of the exchange traded fund’s stock valued at $1,595,000 after buying an additional 979 shares in the last quarter. Bessemer Group Inc. boosted its stake in Vanguard Mortgage-Backed Securities ETF by 10.7% in the second quarter. Bessemer Group Inc. now owns 230,554 shares of the exchange traded fund’s stock valued at $10,684,000 after buying an additional 22,232 shares in the last quarter. Schmidt P J Investment Management Inc. boosted its stake in Vanguard Mortgage-Backed Securities ETF by 11.2% in the second quarter. Schmidt P J Investment Management Inc. now owns 12,787 shares of the exchange traded fund’s stock valued at $593,000 after buying an additional 1,290 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in Vanguard Mortgage-Backed Securities ETF by 1.1% in the second quarter. Envestnet Asset Management Inc. now owns 21,081,488 shares of the exchange traded fund’s stock valued at $976,908,000 after buying an additional 221,237 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.1%

NASDAQ:VMBS opened at $47.40 on Tuesday. The stock’s 50-day simple moving average is $46.94 and its 200 day simple moving average is $46.23. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $44.65 and a twelve month high of $47.46.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were paid a $0.1533 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 3.9%.

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).