Castleark Management LLC Takes $72.96 Million Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Castleark Management LLC bought a new position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,609,080 shares of the exchange traded fund’s stock, valued at approximately $72,956,000. Vanguard Mortgage-Backed Securities ETF makes up 2.5% of Castleark Management LLC’s portfolio, making the stock its 7th biggest holding. Castleark Management LLC owned approximately 0.37% of Vanguard Mortgage-Backed Securities ETF at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of VMBS. Bank of America Corp DE boosted its stake in Vanguard Mortgage-Backed Securities ETF by 6.1% in the fourth quarter. Bank of America Corp DE now owns 73,174,421 shares of the exchange traded fund’s stock worth $3,317,728,000 after purchasing an additional 4,180,821 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 442.0% in the fourth quarter. JPMorgan Chase & Co. now owns 46,510,374 shares of the exchange traded fund’s stock valued at $2,108,780,000 after buying an additional 37,928,555 shares during the last quarter. Bank of New York Mellon Corp lifted its position in Vanguard Mortgage-Backed Securities ETF by 1.7% during the 4th quarter. Bank of New York Mellon Corp now owns 10,292,783 shares of the exchange traded fund’s stock worth $466,675,000 after buying an additional 169,602 shares in the last quarter. Assetmark Inc. grew its holdings in Vanguard Mortgage-Backed Securities ETF by 6.2% during the 4th quarter. Assetmark Inc. now owns 8,115,991 shares of the exchange traded fund’s stock worth $367,979,000 after acquiring an additional 473,940 shares during the last quarter. Finally, LPL Financial LLC increased its position in Vanguard Mortgage-Backed Securities ETF by 16.7% in the 4th quarter. LPL Financial LLC now owns 6,047,503 shares of the exchange traded fund’s stock valued at $274,194,000 after acquiring an additional 866,903 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.2%

Shares of NASDAQ VMBS opened at $45.46 on Wednesday. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $44.48 and a 1-year high of $47.59. The company has a 50-day moving average of $45.88 and a two-hundred day moving average of $45.75.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, May 5th. Investors of record on Thursday, May 1st were given a $0.1977 dividend. This represents a $2.37 annualized dividend and a yield of 5.22%. The ex-dividend date of this dividend was Thursday, May 1st. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16.

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).