Cobblestone Capital Advisors LLC NY Has $1.55 Million Stock Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Cobblestone Capital Advisors LLC NY lessened its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 10.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,431 shares of the exchange traded fund’s stock after selling 3,919 shares during the quarter. Cobblestone Capital Advisors LLC NY’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $1,548,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VMBS. Cooper Financial Group grew its holdings in Vanguard Mortgage-Backed Securities ETF by 13.7% during the 1st quarter. Cooper Financial Group now owns 8,425 shares of the exchange traded fund’s stock worth $390,000 after acquiring an additional 1,016 shares during the period. True North Advisors LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF by 29.2% in the first quarter. True North Advisors LLC now owns 35,250 shares of the exchange traded fund’s stock valued at $1,632,000 after buying an additional 7,973 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Vanguard Mortgage-Backed Securities ETF by 4.7% in the first quarter. JPMorgan Chase & Co. now owns 48,706,894 shares of the exchange traded fund’s stock valued at $2,255,686,000 after buying an additional 2,196,520 shares in the last quarter. Savvy Advisors Inc. lifted its stake in Vanguard Mortgage-Backed Securities ETF by 3.8% in the first quarter. Savvy Advisors Inc. now owns 145,863 shares of the exchange traded fund’s stock valued at $6,755,000 after buying an additional 5,395 shares in the last quarter. Finally, Hirtle Callaghan & Co LLC bought a new position in Vanguard Mortgage-Backed Securities ETF in the first quarter valued at approximately $2,974,000.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.2%

Shares of VMBS opened at $46.23 on Friday. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $44.65 and a twelve month high of $47.59. The firm’s 50 day moving average price is $45.93 and its two-hundred day moving average price is $45.86.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, August 5th. Stockholders of record on Friday, August 1st were given a $0.1635 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, August 1st.

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).