Diversify Advisory Services LLC Acquires 100,296 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

Diversify Advisory Services LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 42.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 337,981 shares of the exchange traded fund’s stock after purchasing an additional 100,296 shares during the period. Diversify Advisory Services LLC owned about 0.10% of Vanguard Mortgage-Backed Securities ETF worth $15,875,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Angeles Investment Advisors LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter valued at approximately $90,328,000. JPMorgan Chase & Co. boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 2.5% in the third quarter. JPMorgan Chase & Co. now owns 50,924,140 shares of the exchange traded fund’s stock valued at $2,391,398,000 after acquiring an additional 1,253,241 shares in the last quarter. Envestnet Asset Management Inc. increased its position in Vanguard Mortgage-Backed Securities ETF by 5.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 22,220,955 shares of the exchange traded fund’s stock valued at $1,043,496,000 after purchasing an additional 1,139,467 shares during the period. Woodard & Co. Asset Management Group Inc. ADV raised its holdings in Vanguard Mortgage-Backed Securities ETF by 1,012,969.1% in the 3rd quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 688,887 shares of the exchange traded fund’s stock worth $32,350,000 after purchasing an additional 688,819 shares in the last quarter. Finally, Bank of America Corp DE raised its holdings in Vanguard Mortgage-Backed Securities ETF by 1.2% in the 2nd 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 in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.0%

NASDAQ:VMBS opened at $47.22 on Monday. The company has a 50-day moving average price of $47.31 and a 200-day moving average price of $47.13. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $44.85 and a 12 month high of $47.90.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a dividend of $0.1609 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Monday, March 2nd.

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). 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).