Seven Mile Advisory Acquires New Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

Seven Mile Advisory bought a new position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 567,646 shares of the exchange traded fund’s stock, valued at approximately $26,657,000. Vanguard Mortgage-Backed Securities ETF accounts for approximately 4.3% of Seven Mile Advisory’s holdings, making the stock its 2nd largest holding. Seven Mile Advisory owned about 0.17% of Vanguard Mortgage-Backed Securities ETF at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Angeles Investment Advisors LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter worth $90,328,000. JPMorgan Chase & Co. increased 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 purchasing an additional 1,253,241 shares during the period. Envestnet Asset Management Inc. raised its position in Vanguard Mortgage-Backed Securities ETF by 5.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 22,220,955 shares of the exchange traded fund’s stock worth $1,043,496,000 after purchasing an additional 1,139,467 shares during the last quarter. Woodard & Co. Asset Management Group Inc. ADV raised its position in Vanguard Mortgage-Backed Securities ETF by 1,012,969.1% during the 3rd quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 688,887 shares of the exchange traded fund’s stock worth $32,350,000 after purchasing an additional 688,819 shares during the last quarter. Finally, Bank of America Corp DE lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 1.2% during the 2nd quarter. Bank of America Corp DE now owns 53,150,304 shares of the exchange traded fund’s stock worth $2,462,985,000 after buying an additional 643,509 shares during the period.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.2%

NASDAQ VMBS opened at $46.93 on Friday. The business’s 50-day moving average price is $47.31 and its two-hundred day moving average price is $47.14. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $44.85 and a 12 month high of $47.90.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a $0.1609 dividend. 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, March 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).