Lake Street Advisors Group LLC Invests $207,000 in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Lake Street Advisors Group LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 4,389 shares of the exchange traded fund’s stock, valued at approximately $207,000.

Other hedge funds have also recently modified their holdings of the company. Trilogy Capital Inc. lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 37.9% in the first quarter. Trilogy Capital Inc. now owns 9,584 shares of the exchange traded fund’s stock valued at $437,000 after acquiring an additional 2,635 shares in the last quarter. Hexagon Capital Partners LLC boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 29.6% in the first quarter. Hexagon Capital Partners LLC now owns 3,432 shares of the exchange traded fund’s stock valued at $157,000 after purchasing an additional 783 shares in the last quarter. Northland Capital Management LLC lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 2.2% in the 1st quarter. Northland Capital Management LLC now owns 383,654 shares of the exchange traded fund’s stock valued at $17,498,000 after purchasing an additional 8,173 shares during the last quarter. Leeward Financial Partners LLC grew its position in Vanguard Mortgage-Backed Securities ETF by 9.7% during the 1st quarter. Leeward Financial Partners LLC now owns 62,869 shares of the exchange traded fund’s stock worth $2,867,000 after purchasing an additional 5,547 shares during the last quarter. Finally, Kovack Advisors Inc. increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 6.1% in the first quarter. Kovack Advisors Inc. now owns 14,841 shares of the exchange traded fund’s stock valued at $677,000 after purchasing an additional 859 shares during the period.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.1 %

VMBS stock opened at $45.96 on Monday. The firm has a 50 day moving average of $46.89 and a 200-day moving average of $45.92. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $42.40 and a 12-month high of $47.59.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Tuesday, October 1st were paid a dividend of $0.145 per share. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.74 dividend on an annualized basis and a dividend yield of 3.79%.

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).