Vanguard Mortgage-Backed Securities ETF $VMBS Holdings Lessened by Vectors Research Management LLC

Vectors Research Management LLC lowered its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 4.4% during the third quarter, Holdings Channel reports. The firm owned 324,752 shares of the exchange traded fund’s stock after selling 15,104 shares during the quarter. Vanguard Mortgage-Backed Securities ETF makes up about 4.8% of Vectors Research Management LLC’s portfolio, making the stock its 3rd largest holding. Vectors Research Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $15,250,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in VMBS. Certus Wealth Management LLC increased its position in Vanguard Mortgage-Backed Securities ETF by 5.1% during the second quarter. Certus Wealth Management LLC now owns 47,029 shares of the exchange traded fund’s stock worth $2,179,000 after buying an additional 2,289 shares during the period. Bristlecone Advisors LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the third quarter valued at approximately $591,000. Bell Bank grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 74.3% during the third quarter. Bell Bank now owns 778,461 shares of the exchange traded fund’s stock worth $36,557,000 after acquiring an additional 331,869 shares during the last quarter. B. Riley Wealth Advisors Inc. acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 2nd quarter valued at $1,943,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the 3rd quarter valued at $5,819,000.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.1%

Shares of NASDAQ:VMBS opened at $47.18 on Friday. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $44.85 and a 1-year high of $47.46. The firm has a fifty day moving average price of $47.12 and a 200 day moving average price of $46.80.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Stockholders of record on Monday, December 1st were paid a dividend of $0.1615 per share. The ex-dividend date was Monday, December 1st. This represents a c) annualized dividend and a dividend yield of 4.1%.

About Vanguard Mortgage-Backed Securities 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). 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).