Townsquare Capital LLC Sells 10,724 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Townsquare Capital LLC decreased its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 19.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 44,644 shares of the exchange traded fund’s stock after selling 10,724 shares during the quarter. Townsquare Capital LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $2,024,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. increased its position in Vanguard Mortgage-Backed Securities ETF by 442.0% during the fourth quarter. JPMorgan Chase & Co. now owns 46,510,374 shares of the exchange traded fund’s stock worth $2,108,780,000 after acquiring an additional 37,928,555 shares during the period. Bank of New York Mellon Corp grew its position in shares of 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 purchasing an additional 169,602 shares in the last quarter. Assetmark Inc. increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 6.2% during the fourth quarter. Assetmark Inc. now owns 8,115,991 shares of the exchange traded fund’s stock worth $367,979,000 after purchasing an additional 473,940 shares during the period. LPL Financial LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 16.7% in the fourth quarter. LPL Financial LLC now owns 6,047,503 shares of the exchange traded fund’s stock valued at $274,194,000 after buying an additional 866,903 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at approximately $199,949,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of NASDAQ:VMBS opened at $45.92 on Thursday. The business’s 50 day simple moving average is $45.97 and its 200 day simple moving average is $45.86. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $44.06 and a 1 year high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were issued a dividend of $0.164 per share. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. This represents a $1.97 annualized dividend and a dividend yield of 4.29%. The ex-dividend date was Tuesday, April 1st.

Vanguard Mortgage-Backed Securities ETF Company 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).