Blume Capital Management Inc. Sells 1,550 Shares of Vanguard Mortgage-Backed Securities Index Fund ETF Shares (NASDAQ:VMBS)

Blume Capital Management Inc. lowered its position in shares of Vanguard Mortgage-Backed Securities Index Fund ETF Shares (NASDAQ:VMBS) by 1.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 111,837 shares of the exchange traded fund’s stock after selling 1,550 shares during the period. Vanguard Mortgage-Backed Securities Index Fund ETF Shares accounts for approximately 2.2% of Blume Capital Management Inc.’s investment portfolio, making the stock its 17th biggest holding. Blume Capital Management Inc.’s holdings in Vanguard Mortgage-Backed Securities Index Fund ETF Shares were worth $5,969,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VMBS. Envestnet Asset Management Inc. increased its stake in Vanguard Mortgage-Backed Securities Index Fund ETF Shares by 6.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 18,351,185 shares of the exchange traded fund’s stock worth $979,405,000 after acquiring an additional 1,160,867 shares during the period. JPMorgan Chase & Co. increased its stake in Vanguard Mortgage-Backed Securities Index Fund ETF Shares by 8.5% during the 1st quarter. JPMorgan Chase & Co. now owns 8,865,418 shares of the exchange traded fund’s stock worth $473,148,000 after acquiring an additional 694,098 shares during the period. Bank of New York Mellon Corp increased its stake in Vanguard Mortgage-Backed Securities Index Fund ETF Shares by 7.1% during the 1st quarter. Bank of New York Mellon Corp now owns 5,739,660 shares of the exchange traded fund’s stock worth $306,326,000 after acquiring an additional 378,885 shares during the period. Assetmark Inc. increased its stake in Vanguard Mortgage-Backed Securities Index Fund ETF Shares by 4.6% during the 1st quarter. Assetmark Inc. now owns 4,561,325 shares of the exchange traded fund’s stock worth $243,438,000 after acquiring an additional 201,333 shares during the period. Finally, Stifel Financial Corp boosted its holdings in shares of Vanguard Mortgage-Backed Securities Index Fund ETF Shares by 4.7% in the 1st quarter. Stifel Financial Corp now owns 3,806,117 shares of the exchange traded fund’s stock valued at $203,132,000 after purchasing an additional 171,669 shares in the last quarter.

Shares of VMBS stock traded up $0.02 during trading hours on Wednesday, reaching $53.51. The company’s stock had a trading volume of 3,468 shares, compared to its average volume of 1,300,304. The firm’s 50 day simple moving average is $53.47 and its 200-day simple moving average is $53.47. Vanguard Mortgage-Backed Securities Index Fund ETF Shares has a fifty-two week low of $53.18 and a fifty-two week high of $54.32.

The firm also recently announced a monthly dividend, which was paid on Tuesday, September 7th. Shareholders of record on Thursday, September 2nd were issued a $0.053 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date was Wednesday, September 1st. This is an increase from Vanguard Mortgage-Backed Securities Index Fund ETF Shares’s previous monthly dividend of $0.05.

Vanguard Mortgage-Backed Securities Index Fund ETF Shares 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).

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Institutional Ownership by Quarter for Vanguard Mortgage-Backed Securities Index Fund ETF Shares (NASDAQ:VMBS)

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