Private Advisor Group LLC Reduces Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Private Advisor Group LLC decreased its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 10.5% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 265,919 shares of the exchange traded fund’s stock after selling 31,263 shares during the quarter. Private Advisor Group LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $12,485,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC grew its position in 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 valued at $355,000 after acquiring an additional 347 shares during the last quarter. AQR Capital Management LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the first quarter worth $342,000. Focus Partners Wealth purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the first quarter valued at $921,000. Baird Financial Group Inc. bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the second quarter worth about $210,000. Finally, Brown Advisory Inc. grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 26.0% in the second quarter. Brown Advisory Inc. now owns 6,411 shares of the exchange traded fund’s stock worth $297,000 after purchasing an additional 1,323 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS stock opened at $46.61 on Friday. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $45.69 and a 12 month high of $47.90. The firm’s 50-day moving average is $46.71 and its 200 day moving average is $47.01.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, July 6th. Investors of record on Wednesday, July 1st will be paid a $0.1645 dividend. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.2%.

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). The Index covers the United States agency mortgage-backed, pass-through securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).