International Assets Investment Management LLC Takes Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

International Assets Investment Management LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the 4th quarter, Holdings Channel.com reports. The firm bought 93,925 shares of the exchange traded fund’s stock, valued at approximately $4,354,000.

Several other hedge funds have also recently bought and sold shares of the business. Family CFO Inc grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 1.1% in the third quarter. Family CFO Inc now owns 295,028 shares of the exchange traded fund’s stock valued at $12,916,000 after purchasing an additional 3,172 shares during the last quarter. LPL Financial LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF by 9.7% during the third quarter. LPL Financial LLC now owns 4,416,122 shares of the exchange traded fund’s stock worth $193,338,000 after purchasing an additional 390,939 shares during the period. Mather Group LLC. lifted its stake in Vanguard Mortgage-Backed Securities ETF by 0.9% during the third quarter. Mather Group LLC. now owns 3,021,774 shares of the exchange traded fund’s stock worth $132,293,000 after purchasing an additional 27,169 shares during the period. Harbour Investments Inc. lifted its stake in Vanguard Mortgage-Backed Securities ETF by 9.5% during the third quarter. Harbour Investments Inc. now owns 26,554 shares of the exchange traded fund’s stock worth $1,163,000 after purchasing an additional 2,294 shares during the period. Finally, Pallas Capital Advisors LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF by 18.2% during the fourth quarter. Pallas Capital Advisors LLC now owns 460,795 shares of the exchange traded fund’s stock worth $21,362,000 after purchasing an additional 70,816 shares during the period.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.4 %

NASDAQ:VMBS opened at $44.15 on Wednesday. The firm has a 50 day moving average of $45.27 and a 200-day moving average of $44.92. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $42.06 and a 1 year high of $47.04.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were issued a $0.1462 dividend. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.14. The ex-dividend date of this dividend was Monday, April 1st. This represents a $1.75 annualized dividend and a dividend yield of 3.97%.

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).