Charles Schwab Investment Advisory Inc. raised its position in shares of Vanguard Mortgage Bkd Sects ETF (NASDAQ:VMBS) by 12.5% during the second quarter, Holdings Channel reports. The firm owned 20,015,904 shares of the exchange traded fund’s stock after buying an additional 2,217,761 shares during the period. Vanguard Mortgage Bkd Sects ETF accounts for about 5.0% of Charles Schwab Investment Advisory Inc.’s holdings, making the stock its 7th largest position. Charles Schwab Investment Advisory Inc.’s holdings in Vanguard Mortgage Bkd Sects ETF were worth $1,054,037,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Capital Investment Advisory Services LLC purchased a new stake in Vanguard Mortgage Bkd Sects ETF during the second quarter worth approximately $256,000. Garde Capital Inc. purchased a new stake in Vanguard Mortgage Bkd Sects ETF during the second quarter worth approximately $372,000. First Heartland Consultants Inc. purchased a new stake in Vanguard Mortgage Bkd Sects ETF during the second quarter worth approximately $386,000. Stratos Wealth Partners LTD. increased its stake in Vanguard Mortgage Bkd Sects ETF by 8.3% in the second quarter. Stratos Wealth Partners LTD. now owns 8,612 shares of the exchange traded fund’s stock worth $454,000 after buying an additional 659 shares during the last quarter. Finally, Sei Investments Co. increased its stake in Vanguard Mortgage Bkd Sects ETF by 19.2% in the second quarter. Sei Investments Co. now owns 71,438 shares of the exchange traded fund’s stock worth $3,762,000 after buying an additional 11,494 shares during the last quarter.

Shares of Vanguard Mortgage Bkd Sects ETF (VMBS) opened at 52.84 on Thursday. The firm’s 50-day moving average price is $52.72 and its 200-day moving average price is $52.59. Vanguard Mortgage Bkd Sects ETF has a 52-week low of $51.82 and a 52-week high of $54.01.

The company also recently declared a monthly dividend, which was paid on Monday, August 7th. Shareholders of record on Thursday, August 3rd were paid a dividend of $0.096 per share. This is a positive change from Vanguard Mortgage Bkd Sects ETF’s previous monthly dividend of $0.07. This represents a $1.15 dividend on an annualized basis and a yield of 2.18%. The ex-dividend date was Tuesday, August 1st.

TRADEMARK VIOLATION NOTICE: “Vanguard Mortgage Bkd Sects ETF (NASDAQ:VMBS) is Charles Schwab Investment Advisory Inc.’s 7th Largest Position” was posted by Daily Political and is the property of of Daily Political. If you are reading this piece on another site, it was illegally stolen and reposted in violation of US & international trademark and copyright laws. The original version of this piece can be read at https://www.dailypolitical.com/2017/08/10/vanguard-mortgage-bkd-sects-etf-nasdaqvmbs-is-charles-schwab-investment-advisory-inc-s-7th-largest-position.html.

About Vanguard Mortgage Bkd Sects 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).

Want to see what other hedge funds are holding VMBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Mortgage Bkd Sects ETF (NASDAQ:VMBS).

Institutional Ownership by Quarter for Vanguard Mortgage Bkd Sects ETF (NASDAQ:VMBS)

Receive News & Ratings for Vanguard Mortgage Bkd Sects ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Mortgage Bkd Sects ETF and related companies with MarketBeat.com's FREE daily email newsletter.