Farther Finance Advisors LLC Raises Stock Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Farther Finance Advisors LLC grew its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 24.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 122,877 shares of the exchange traded fund’s stock after acquiring an additional 24,410 shares during the period. Farther Finance Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $5,770,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Bank of America Corp DE raised its holdings in Vanguard Mortgage-Backed Securities ETF by 1.2% during the second quarter. Bank of America Corp DE now owns 53,150,304 shares of the exchange traded fund’s stock worth $2,462,985,000 after purchasing an additional 643,509 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Vanguard Mortgage-Backed Securities ETF by 2.0% in the second quarter. JPMorgan Chase & Co. now owns 49,670,899 shares of the exchange traded fund’s stock valued at $2,301,750,000 after purchasing an additional 964,005 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 1.1% in the second quarter. Envestnet Asset Management Inc. now owns 21,081,488 shares of the exchange traded fund’s stock valued at $976,908,000 after buying an additional 221,237 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 0.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 10,082,461 shares of the exchange traded fund’s stock worth $467,221,000 after buying an additional 31,772 shares during the last quarter. Finally, Assetmark Inc. raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 3.9% during the 2nd quarter. Assetmark Inc. now owns 8,614,281 shares of the exchange traded fund’s stock worth $399,186,000 after buying an additional 321,293 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of NASDAQ VMBS opened at $47.03 on Wednesday. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.65 and a 52 week high of $47.46. The company’s 50-day moving average price is $47.13 and its 200 day moving average price is $46.65.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

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

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). The Index covers the United States agency mortgage-backed, pass-through securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).