Clark Asset Management LLC Grows Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Clark Asset Management LLC raised its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 9.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 309,551 shares of the exchange traded fund’s stock after purchasing an additional 27,734 shares during the quarter. Vanguard Mortgage-Backed Securities ETF comprises 1.7% of Clark Asset Management LLC’s holdings, making the stock its 17th biggest position. Clark Asset Management LLC owned approximately 0.09% of Vanguard Mortgage-Backed Securities ETF worth $14,537,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Certus Wealth Management LLC boosted its position in Vanguard Mortgage-Backed Securities ETF by 5.1% in the 2nd quarter. Certus Wealth Management LLC now owns 47,029 shares of the exchange traded fund’s stock worth $2,179,000 after purchasing an additional 2,289 shares in the last quarter. B. Riley Wealth Advisors Inc. acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 2nd quarter valued at $1,943,000. Keystone Global Partners LLC boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 28.5% during the second quarter. Keystone Global Partners LLC now owns 180,737 shares of the exchange traded fund’s stock worth $8,375,000 after buying an additional 40,078 shares in the last quarter. ONE Advisory Partners LLC boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 9.0% during the second quarter. ONE Advisory Partners LLC now owns 151,460 shares of the exchange traded fund’s stock worth $6,960,000 after buying an additional 12,459 shares in the last quarter. Finally, Bank of America Corp DE grew its position 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 valued at $2,462,985,000 after buying an additional 643,509 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.0%

VMBS opened at $47.15 on Tuesday. The company has a fifty day moving average of $47.12 and a two-hundred day moving average of $46.69. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.65 and a fifty-two week high of $47.46.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

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

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).