Vanguard Mortgage-Backed Securities ETF $VMBS Position Lessened by Castleark Management LLC

Castleark Management LLC lessened its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 12.8% in the first quarter, Holdings Channel.com reports. The fund owned 1,487,800 shares of the exchange traded fund’s stock after selling 217,740 shares during the period. Vanguard Mortgage-Backed Securities ETF comprises approximately 2.3% of Castleark Management LLC’s portfolio, making the stock its 9th largest holding. Castleark Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $69,852,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. DecisionPoint Financial LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at $25,000. Glen Eagle Advisors LLC lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 1,609.7% in the 4th quarter. Glen Eagle Advisors LLC now owns 530 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 499 shares during the period. Vision Retirement LLC lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 1,915.4% in the 1st quarter. Vision Retirement LLC now owns 524 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 498 shares during the period. Imprint Wealth LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at about $25,000. Finally, Ascentis Independent Advisors bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 1st quarter valued at about $27,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of NASDAQ VMBS opened at $46.19 on Monday. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $45.88 and a 1 year high of $47.90. The company’s 50-day moving average is $46.57 and its 200 day moving average is $46.93.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.1645 per share. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Wednesday, July 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).