Sterling Investment Management LLC Grows Stock Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

Sterling Investment Management LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 40.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 323,900 shares of the exchange traded fund’s stock after buying an additional 93,512 shares during the period. Vanguard Mortgage-Backed Securities ETF comprises approximately 9.1% of Sterling Investment Management LLC’s holdings, making the stock its 2nd largest holding. Sterling Investment Management LLC owned approximately 0.10% of Vanguard Mortgage-Backed Securities ETF worth $15,210,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of VMBS. Legacy Investment Solutions LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF in the second quarter valued at $32,000. Evolution Wealth Management Inc. bought a new position in shares of Vanguard Mortgage-Backed Securities ETF during the second quarter valued at $34,000. CENTRAL TRUST Co acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 2nd quarter valued at $38,000. Fortitude Family Office LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 3rd quarter valued at $38,000. Finally, Bellevue Asset Management LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 2nd quarter worth about $39,000.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.1%

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $47.18 on Wednesday. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $44.65 and a 12-month high of $47.46. The company has a 50-day simple moving average of $47.12 and a 200 day simple moving average of $46.70.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Stockholders of record on Monday, December 1st were paid a $0.1615 dividend. The ex-dividend date was Monday, December 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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).