Genesis Private Wealth LLC Buys Shares of 20,675 Vanguard Mortgage-Backed Securities ETF $VMBS

Genesis Private Wealth LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 20,675 shares of the exchange traded fund’s stock, valued at approximately $973,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VMBS. Bank of America Corp DE increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 8.4% during the third quarter. Bank of America Corp DE now owns 57,618,720 shares of the exchange traded fund’s stock worth $2,705,775,000 after buying an additional 4,468,416 shares during the period. JPMorgan Chase & Co. lifted 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 buying an additional 1,253,241 shares during the period. Envestnet Asset Management Inc. lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 5.4% in the third 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 buying an additional 1,139,467 shares during the period. Bank of New York Mellon Corp boosted its position in Vanguard Mortgage-Backed Securities ETF by 2.5% during the third quarter. Bank of New York Mellon Corp now owns 10,336,243 shares of the exchange traded fund’s stock valued at $485,390,000 after acquiring an additional 253,782 shares during the last quarter. Finally, Assetmark Inc. boosted its position in Vanguard Mortgage-Backed Securities ETF by 2.6% during the third quarter. Assetmark Inc. now owns 8,839,027 shares of the exchange traded fund’s stock valued at $415,081,000 after acquiring an additional 224,746 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.9%

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $46.58 on Friday. The business has a 50-day moving average price of $47.29 and a two-hundred day moving average price of $47.16. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $44.85 and a 1-year high of $47.90.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

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

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).