United Asset Strategies Inc. Cuts Position in Vanguard Mortgage-Backed Securities ETF $VMBS

United Asset Strategies Inc. cut its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 0.9% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 336,480 shares of the exchange traded fund’s stock after selling 3,102 shares during the quarter. Vanguard Mortgage-Backed Securities ETF comprises about 1.3% of United Asset Strategies Inc.’s investment portfolio, making the stock its 17th largest position. United Asset Strategies Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $15,593,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of VMBS. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 1.5% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 818,800 shares of the exchange traded fund’s stock worth $37,943,000 after buying an additional 12,100 shares during the last quarter. Certus Wealth Management LLC lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 5.1% in the second quarter. Certus Wealth Management LLC now owns 47,029 shares of the exchange traded fund’s stock valued at $2,179,000 after purchasing an additional 2,289 shares in the last quarter. Keystone Global Partners LLC lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 28.5% in the second quarter. Keystone Global Partners LLC now owns 180,737 shares of the exchange traded fund’s stock valued at $8,375,000 after purchasing an additional 40,078 shares in the last quarter. First National Trust Co grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 10.0% in the first quarter. First National Trust Co now owns 286,100 shares of the exchange traded fund’s stock valued at $13,249,000 after purchasing an additional 26,032 shares during the last quarter. Finally, ONE Advisory Partners LLC increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 9.0% during the 2nd quarter. ONE Advisory Partners LLC now owns 151,460 shares of the exchange traded fund’s stock worth $6,960,000 after purchasing an additional 12,459 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $47.18 on Wednesday. The business has a 50 day moving average price of $47.07 and a 200 day moving average price of $46.34. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $44.65 and a 1 year high of $47.46.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 5th. Investors of record on Monday, November 3rd were given a dividend of $0.172 per share. The ex-dividend date was Monday, November 3rd. This represents a c) dividend on an annualized basis and a yield of 4.4%. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15.

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).