Mitsubishi UFJ Asset Management Co. Ltd. Raises Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 1.5% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 818,800 shares of the exchange traded fund’s stock after acquiring an additional 12,100 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.20% of Vanguard Mortgage-Backed Securities ETF worth $37,943,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sowell Financial Services LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the 1st quarter worth approximately $328,000. Wealth Enhancement Advisory Services LLC grew its stake in Vanguard Mortgage-Backed Securities ETF by 4.1% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 1,168,797 shares of the exchange traded fund’s stock worth $54,127,000 after acquiring an additional 46,446 shares during the period. First National Trust Co grew its stake in Vanguard Mortgage-Backed Securities ETF by 10.0% in the 1st quarter. First National Trust Co now owns 286,100 shares of the exchange traded fund’s stock worth $13,249,000 after acquiring an additional 26,032 shares during the period. Wealthcare Advisory Partners LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the 1st quarter worth approximately $250,000. Finally, Dynamic Advisor Solutions LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the 1st quarter worth approximately $435,000.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.2%

VMBS stock opened at $46.23 on Friday. Vanguard Mortgage-Backed Securities ETF has a one year low of $44.65 and a one year high of $47.59. The company has a 50 day moving average price of $45.93 and a two-hundred day moving average price of $45.86.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

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

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).