Parker Financial LLC Has $5.80 Million Stake in Vanguard Mortgage-Backed Securities ETF $VMBS

Parker Financial LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 3.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 125,107 shares of the exchange traded fund’s stock after purchasing an additional 4,085 shares during the quarter. Vanguard Mortgage-Backed Securities ETF makes up about 2.5% of Parker Financial LLC’s investment portfolio, making the stock its 12th biggest holding. Parker Financial LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $5,798,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Breakwater Investment Management acquired a new position in Vanguard Mortgage-Backed Securities ETF during the first quarter worth $27,000. Dunhill Financial LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the first quarter valued at $31,000. LRI Investments LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF by 138.9% in the first quarter. LRI Investments LLC now owns 731 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 425 shares during the last quarter. Bellevue Asset Management LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the second quarter valued at $39,000. Finally, Berkshire Money Management Inc. acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the second quarter valued at $68,000.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.4%

Shares of VMBS stock opened at $47.04 on Monday. The company has a fifty day moving average price of $46.72 and a two-hundred day moving average price of $46.14. Vanguard Mortgage-Backed Securities ETF has a one year low of $44.65 and a one year high of $47.38.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st were paid a $0.1533 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a yield of 3.9%.

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).