Greenwood Capital Associates LLC Grows Stake in Vanguard Mortgage-Backed Securities ETF $VMBS

Greenwood Capital Associates LLC grew its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 2.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,424 shares of the exchange traded fund’s stock after purchasing an additional 2,060 shares during the period. Greenwood Capital Associates LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $3,820,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VMBS. Breakwater Investment Management bought a new position in Vanguard Mortgage-Backed Securities ETF in the first quarter valued at $27,000. Dunhill Financial LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 1st quarter worth about $31,000. LRI Investments LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 138.9% in the 1st quarter. LRI Investments LLC now owns 731 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 425 shares in the last quarter. Oliver Lagore Vanvalin Investment Group purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 2nd quarter worth about $80,000. Finally, Parallel Advisors LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 37.7% in the 1st quarter. Parallel Advisors LLC now owns 1,789 shares of the exchange traded fund’s stock worth $83,000 after purchasing an additional 490 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.1%

VMBS opened at $47.03 on Friday. The stock has a 50-day moving average price of $46.62 and a 200-day moving average price of $46.10. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $44.65 and a 12-month high of $47.38.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st will be paid a $0.1533 dividend. The ex-dividend date of this dividend is Wednesday, October 1st. This represents a c) annualized dividend and a yield of 3.9%.

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).