Strategic Investment Advisors MI Increases Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Strategic Investment Advisors MI increased its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 6.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 220,676 shares of the exchange traded fund’s stock after acquiring an additional 13,811 shares during the quarter. Vanguard Mortgage-Backed Securities ETF makes up 0.8% of Strategic Investment Advisors MI’s portfolio, making the stock its 29th biggest position. Strategic Investment Advisors MI owned 0.07% of Vanguard Mortgage-Backed Securities ETF worth $10,417,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VMBS. Bank of America Corp DE grew its stake in Vanguard Mortgage-Backed Securities ETF by 8.4% during the 3rd quarter. Bank of America Corp DE now owns 57,618,720 shares of the exchange traded fund’s stock valued at $2,705,775,000 after purchasing an additional 4,468,416 shares in the last quarter. Angeles Investment Advisors LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 3rd quarter valued at approximately $90,328,000. JPMorgan Chase & Co. raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 2.5% in the 3rd 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 in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of 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 valued at $1,043,496,000 after buying an additional 1,139,467 shares during the last quarter. Finally, Woodard & Co. Asset Management Group Inc. ADV boosted its stake in shares of 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 valued at $32,350,000 after buying an additional 688,819 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS stock opened at $46.96 on Thursday. The firm has a 50 day simple moving average of $47.31 and a 200-day simple moving average of $47.15. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $44.85 and a twelve 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. Shareholders of record on Monday, March 2nd were paid a dividend of $0.1609 per share. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Monday, March 2nd.

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).