Vanguard Mortgage-Backed Securities ETF $VMBS is Castleark Management LLC’s 9th Largest Position

Castleark Management LLC lowered its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 12.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,487,800 shares of the exchange traded fund’s stock after selling 217,740 shares during the quarter. Vanguard Mortgage-Backed Securities ETF makes up approximately 2.3% of Castleark Management LLC’s portfolio, making the stock its 9th biggest position. Castleark Management LLC owned about 0.47% of Vanguard Mortgage-Backed Securities ETF worth $69,852,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Brighton Jones LLC boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 4.6% in the 4th quarter. Brighton Jones LLC now owns 7,833 shares of the exchange traded fund’s stock valued at $355,000 after purchasing an additional 347 shares in the last quarter. AQR Capital Management LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF in the 1st quarter worth $342,000. Focus Partners Wealth purchased a new position in Vanguard Mortgage-Backed Securities ETF in the 1st quarter worth $921,000. Baird Financial Group Inc. bought a new stake in Vanguard Mortgage-Backed Securities ETF in the second quarter worth $210,000. Finally, Brown Advisory Inc. lifted its stake in Vanguard Mortgage-Backed Securities ETF by 26.0% in the second quarter. Brown Advisory Inc. now owns 6,411 shares of the exchange traded fund’s stock worth $297,000 after purchasing an additional 1,323 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ VMBS opened at $46.19 on Monday. The company has a 50-day simple moving average of $46.57 and a two-hundred day simple moving average of $46.93. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $45.88 and a 12-month high of $47.90.

Vanguard Mortgage-Backed Securities ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were paid a $0.1645 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend was Wednesday, July 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).