Advisors Asset Management Inc. Boosts Stock Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Advisors Asset Management Inc. lifted its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 56.1% in the third quarter, Holdings Channel.com reports. The firm owned 10,663 shares of the exchange traded fund’s stock after purchasing an additional 3,831 shares during the quarter. Advisors Asset Management Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $503,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Roger Wittlin Investment Advisory LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 1.9% in the 3rd quarter. Roger Wittlin Investment Advisory LLC now owns 63,205 shares of the exchange traded fund’s stock worth $2,984,000 after purchasing an additional 1,159 shares in the last quarter. Pathstone Holdings LLC lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 1.5% in the 3rd quarter. Pathstone Holdings LLC now owns 168,765 shares of the exchange traded fund’s stock valued at $7,971,000 after acquiring an additional 2,471 shares during the last quarter. Prudent Man Advisors LLC lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.0% in the 3rd quarter. Prudent Man Advisors LLC now owns 56,483 shares of the exchange traded fund’s stock valued at $2,667,000 after acquiring an additional 1,111 shares during the last quarter. Westfuller Advisors LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 3rd quarter valued at about $866,000. Finally, Gilbert & Cook Inc. lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 13.6% in the 3rd quarter. Gilbert & Cook Inc. now owns 5,851 shares of the exchange traded fund’s stock valued at $276,000 after acquiring an additional 700 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

NASDAQ VMBS opened at $46.25 on Thursday. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $44.04 and a 1-year high of $47.59. The stock has a 50-day moving average of $46.27 and a 200-day moving average of $46.11.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were paid a $0.153 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 3.97%. The ex-dividend date was Friday, November 1st. This is a positive change 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).