Mitsubishi UFJ Asset Management Co. Ltd. Lowers Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

Mitsubishi UFJ Asset Management Co. Ltd. lowered its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 19.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 661,700 shares of the exchange traded fund’s stock after selling 162,400 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.21% of Vanguard Mortgage-Backed Securities ETF worth $31,179,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Brighton Jones LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 4.6% during the 4th quarter. Brighton Jones LLC now owns 7,833 shares of the exchange traded fund’s stock worth $355,000 after purchasing an additional 347 shares during the last quarter. AQR Capital Management LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 1st quarter worth about $342,000. Focus Partners Wealth acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 1st quarter worth about $921,000. Baird Financial Group Inc. acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 2nd quarter worth about $210,000. Finally, Brown Advisory Inc. grew its stake in Vanguard Mortgage-Backed Securities ETF by 26.0% during the 2nd quarter. Brown Advisory Inc. now owns 6,411 shares of the exchange traded fund’s stock valued at $297,000 after acquiring an additional 1,323 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.4%

Shares of NASDAQ VMBS opened at $46.95 on Friday. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $45.05 and a 12-month high of $47.90. The company has a 50-day moving average of $47.04 and a 200 day moving average of $47.14.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were paid a $0.1609 dividend. The ex-dividend date of this dividend was Friday, May 1st.

Vanguard Mortgage-Backed Securities ETF 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).