Clearstead Advisors LLC Grows Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

Clearstead Advisors LLC boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 17.2% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,550,703 shares of the exchange traded fund’s stock after buying an additional 374,910 shares during the period. Vanguard Mortgage-Backed Securities ETF makes up approximately 1.6% of Clearstead Advisors LLC’s holdings, making the stock its 9th largest holding. Clearstead Advisors LLC owned approximately 0.78% of Vanguard Mortgage-Backed Securities ETF worth $119,781,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of VMBS. Brighton Jones LLC lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 4.6% in the 4th quarter. Brighton Jones LLC now owns 7,833 shares of the exchange traded fund’s stock worth $355,000 after acquiring an additional 347 shares during the last quarter. AQR Capital Management LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF in the first quarter worth about $342,000. Focus Partners Wealth purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the first quarter valued at approximately $921,000. Carnegie Investment Counsel bought a new position in shares of Vanguard Mortgage-Backed Securities ETF during the second quarter valued at approximately $359,000. Finally, Leavell Investment Management Inc. grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 45.0% during the second quarter. Leavell Investment Management Inc. now owns 39,763 shares of the exchange traded fund’s stock valued at $1,843,000 after buying an additional 12,346 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of VMBS stock opened at $47.60 on Monday. The stock has a 50 day moving average price of $47.22 and a 200 day moving average price of $47.04. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $44.85 and a 52-week high of $47.70.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.1645 per share. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Monday, February 2nd.

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).