Creative Planning Reduces Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Creative Planning decreased its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 49.7% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 86,584 shares of the exchange traded fund’s stock after selling 85,587 shares during the quarter. Creative Planning’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $4,012,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. grew its position in Vanguard Mortgage-Backed Securities ETF by 4.7% in the 1st quarter. JPMorgan Chase & Co. now owns 48,706,894 shares of the exchange traded fund’s stock valued at $2,255,686,000 after acquiring an additional 2,196,520 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 1.1% during 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 purchasing an additional 221,237 shares during the period. Bank of New York Mellon Corp grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 0.3% in the second quarter. Bank of New York Mellon Corp now owns 10,082,461 shares of the exchange traded fund’s stock worth $467,221,000 after purchasing an additional 31,772 shares during the last quarter. Assetmark Inc. increased its stake in Vanguard Mortgage-Backed Securities ETF by 3.9% in the 2nd quarter. Assetmark Inc. now owns 8,614,281 shares of the exchange traded fund’s stock worth $399,186,000 after buying an additional 321,293 shares during the period. Finally, Mather Group LLC. increased its stake in Vanguard Mortgage-Backed Securities ETF by 6,012.2% in the 2nd quarter. Mather Group LLC. now owns 6,470,848 shares of the exchange traded fund’s stock worth $299,859,000 after buying an additional 6,364,981 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

Vanguard Mortgage-Backed Securities ETF stock opened at $47.16 on Friday. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $44.65 and a 1 year high of $47.46. The firm has a 50-day moving average of $47.09 and a two-hundred day moving average of $46.39.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 5th. Investors of record on Monday, November 3rd were issued a $0.172 dividend. The ex-dividend date was Monday, November 3rd. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

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).