RCS Financial Planning LLC Makes New $260,000 Investment in Vanguard Mortgage-Backed Securities ETF $VMBS

RCS Financial Planning LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 5,613 shares of the exchange traded fund’s stock, valued at approximately $260,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. JPMorgan Chase & Co. lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 4.7% during the first quarter. JPMorgan Chase & Co. now owns 48,706,894 shares of the exchange traded fund’s stock worth $2,255,686,000 after purchasing an additional 2,196,520 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 5.0% during the first quarter. Envestnet Asset Management Inc. now owns 20,860,251 shares of the exchange traded fund’s stock worth $966,038,000 after purchasing an additional 1,000,394 shares in the last quarter. Assetmark Inc. lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.2% during the first quarter. Assetmark Inc. now owns 8,292,988 shares of the exchange traded fund’s stock worth $384,048,000 after purchasing an additional 176,997 shares in the last quarter. Mather Group LLC. lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 6,012.2% during the second quarter. Mather Group LLC. now owns 6,470,848 shares of the exchange traded fund’s stock worth $299,859,000 after purchasing an additional 6,364,981 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 25.1% during the first quarter. Raymond James Financial Inc. now owns 5,517,380 shares of the exchange traded fund’s stock worth $255,510,000 after purchasing an additional 1,107,390 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of VMBS opened at $47.16 on Thursday. The stock’s 50-day moving average is $46.77 and its two-hundred day moving average is $46.16. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $44.65 and a 12 month high of $47.38.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently declared 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 was Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 3.9%.

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).