Fisher Asset Management LLC Reduces Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

Fisher Asset Management LLC reduced its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 77.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,670 shares of the exchange traded fund’s stock after selling 71,812 shares during the period. Fisher Asset Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $971,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in VMBS. Brighton Jones LLC increased its stake in Vanguard Mortgage-Backed Securities ETF by 4.6% during the 4th quarter. Brighton Jones LLC now owns 7,833 shares of the exchange traded fund’s stock worth $355,000 after buying an additional 347 shares during the period. AQR Capital Management LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the first quarter valued at about $342,000. Focus Partners Wealth purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the first quarter worth about $921,000. Bank of Montreal Can lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 0.7% in the second quarter. Bank of Montreal Can now owns 77,212 shares of the exchange traded fund’s stock worth $3,578,000 after acquiring an additional 550 shares in the last quarter. Finally, Atlantic Union Bankshares Corp acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF in the second quarter worth about $257,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of VMBS opened at $47.22 on Friday. Vanguard Mortgage-Backed Securities ETF has a one year low of $44.85 and a one year high of $47.90. The stock has a 50-day moving average price of $47.31 and a 200 day moving average price of $47.12.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were given a dividend of $0.1609 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis 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).