International Assets Investment Management LLC Takes $110,000 Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

International Assets Investment Management LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 2,421 shares of the exchange traded fund’s stock, valued at approximately $110,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. AdvisorNet Financial Inc grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 0.5% during the first quarter. AdvisorNet Financial Inc now owns 50,036 shares of the exchange traded fund’s stock valued at $2,282,000 after acquiring an additional 250 shares in the last quarter. Security Financial Services INC. grew its stake in Vanguard Mortgage-Backed Securities ETF by 1.1% during the 1st quarter. Security Financial Services INC. now owns 27,298 shares of the exchange traded fund’s stock valued at $1,245,000 after purchasing an additional 284 shares in the last quarter. Arden Trust Co increased its holdings in Vanguard Mortgage-Backed Securities ETF by 1.6% during the 1st quarter. Arden Trust Co now owns 20,481 shares of the exchange traded fund’s stock worth $934,000 after purchasing an additional 313 shares during the last quarter. AA Financial Advisors LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 5.7% in the 2nd quarter. AA Financial Advisors LLC now owns 6,370 shares of the exchange traded fund’s stock valued at $289,000 after purchasing an additional 343 shares in the last quarter. Finally, Bessemer Group Inc. boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 8.0% during the 1st quarter. Bessemer Group Inc. now owns 4,710 shares of the exchange traded fund’s stock valued at $215,000 after buying an additional 350 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS stock opened at $46.82 on Tuesday. The firm has a 50 day simple moving average of $46.20 and a 200-day simple moving average of $45.49. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $42.06 and a twelve month high of $47.31.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd will be issued a dividend of $0.154 per share. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. This represents a $1.85 annualized dividend and a yield of 3.95%. The ex-dividend date of this dividend is Tuesday, September 3rd.

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).