Grey Ledge Advisors LLC Takes $515,000 Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Grey Ledge Advisors LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the 4th quarter, Holdings Channel reports. The firm acquired 10,945 shares of the exchange traded fund’s stock, valued at approximately $515,000.

Other hedge funds also recently modified their holdings of the company. Bank of America Corp DE increased its stake in Vanguard Mortgage-Backed Securities ETF by 8.4% during the 3rd quarter. Bank of America Corp DE now owns 57,618,720 shares of the exchange traded fund’s stock valued at $2,705,775,000 after purchasing an additional 4,468,416 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Vanguard Mortgage-Backed Securities ETF by 2.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 50,924,140 shares of the exchange traded fund’s stock valued at $2,391,398,000 after purchasing an additional 1,253,241 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in Vanguard Mortgage-Backed Securities ETF by 5.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 22,220,955 shares of the exchange traded fund’s stock valued at $1,043,496,000 after purchasing an additional 1,139,467 shares in the last quarter. Bank of New York Mellon Corp increased its stake in Vanguard Mortgage-Backed Securities ETF by 2.5% during the 3rd quarter. Bank of New York Mellon Corp now owns 10,336,243 shares of the exchange traded fund’s stock valued at $485,390,000 after purchasing an additional 253,782 shares in the last quarter. Finally, Assetmark Inc. increased its stake in Vanguard Mortgage-Backed Securities ETF by 2.6% during the 3rd quarter. Assetmark Inc. now owns 8,839,027 shares of the exchange traded fund’s stock valued at $415,081,000 after purchasing an additional 224,746 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of VMBS stock opened at $46.69 on Thursday. The firm has a fifty day simple moving average of $46.97 and a two-hundred day simple moving average of $47.12. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $45.05 and a 12 month high of $47.90.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st were paid a dividend of $0.1609 per share. The ex-dividend date was Friday, May 1st.

Vanguard Mortgage-Backed Securities ETF 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).