Vanguard Mortgage-Backed Securities ETF $VMBS Shares Purchased by Assetmark Inc.

Assetmark Inc. grew its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 2.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 8,839,027 shares of the exchange traded fund’s stock after buying an additional 224,746 shares during the period. Vanguard Mortgage-Backed Securities ETF accounts for approximately 0.9% of Assetmark Inc.’s holdings, making the stock its 23rd biggest holding. Assetmark Inc. owned approximately 2.70% of Vanguard Mortgage-Backed Securities ETF worth $415,081,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Angeles Investment Advisors LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 3rd quarter valued at $90,328,000. Wedbush Securities Inc. grew its position in Vanguard Mortgage-Backed Securities ETF by 14.0% in the third quarter. Wedbush Securities Inc. now owns 5,360 shares of the exchange traded fund’s stock valued at $252,000 after acquiring an additional 660 shares in the last quarter. Leuthold Group LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter valued at approximately $7,870,000. Savvy Advisors Inc. increased its stake in Vanguard Mortgage-Backed Securities ETF by 62.7% during the 3rd quarter. Savvy Advisors Inc. now owns 325,880 shares of the exchange traded fund’s stock worth $15,303,000 after buying an additional 125,559 shares during the period. Finally, Stratos Wealth Partners LTD. increased its holdings in Vanguard Mortgage-Backed Securities ETF by 2.5% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 26,716 shares of the exchange traded fund’s stock worth $1,255,000 after purchasing an additional 663 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of NASDAQ:VMBS opened at $47.56 on Friday. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $44.85 and a 12-month high of $47.56. The company has a fifty day simple moving average of $47.15 and a 200 day simple moving average of $46.97.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were paid a $0.1645 dividend. The ex-dividend date was Monday, February 2nd. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a 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). 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).