CacheTech Inc. Makes New $2.77 Million Investment in Vanguard Mortgage-Backed Securities ETF $VMBS

CacheTech Inc. acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 59,829 shares of the exchange traded fund’s stock, valued at approximately $2,772,000.

A number of other hedge funds have also made changes to their positions in the business. Southland Equity Partners LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF by 2.1% during the second quarter. Southland Equity Partners LLC now owns 10,767 shares of the exchange traded fund’s stock worth $499,000 after purchasing an additional 220 shares during the last quarter. Security Financial Services INC. raised its holdings in Vanguard Mortgage-Backed Securities ETF by 0.7% during the second quarter. Security Financial Services INC. now owns 34,146 shares of the exchange traded fund’s stock worth $1,582,000 after purchasing an additional 235 shares in the last quarter. Kovack Advisors Inc. lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 1.3% during the 2nd quarter. Kovack Advisors Inc. now owns 18,315 shares of the exchange traded fund’s stock worth $849,000 after buying an additional 242 shares during the last quarter. Richardson Financial Services Inc. boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 5.7% in the 2nd quarter. Richardson Financial Services Inc. now owns 4,730 shares of the exchange traded fund’s stock valued at $219,000 after buying an additional 254 shares in the last quarter. Finally, Stephens Inc. AR grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 1.1% in the 2nd quarter. Stephens Inc. AR now owns 23,363 shares of the exchange traded fund’s stock valued at $1,083,000 after buying an additional 265 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.2%

Shares of NASDAQ:VMBS opened at $46.98 on Monday. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $44.65 and a 12 month high of $47.46. The company’s fifty day moving average price is $47.12 and its 200 day moving average price is $46.58.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Stockholders of record on Monday, December 1st were given a dividend of $0.1615 per share. The ex-dividend date was Monday, December 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

Vanguard Mortgage-Backed Securities ETF 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).