Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Sold by Park Avenue Institutional Advisers LLC

Park Avenue Institutional Advisers LLC cut its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 21.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 412,915 shares of the exchange traded fund’s stock after selling 112,585 shares during the quarter. Vanguard Mortgage-Backed Securities ETF comprises 36.3% of Park Avenue Institutional Advisers LLC’s portfolio, making the stock its 2nd biggest holding. Park Avenue Institutional Advisers LLC owned 0.11% of Vanguard Mortgage-Backed Securities ETF worth $19,494,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VMBS. Asset Dedication LLC boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 3,666.7% during the 2nd quarter. Asset Dedication LLC now owns 565 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 550 shares during the period. Carmichael Hill & Associates Inc. grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 59.7% during the second quarter. Carmichael Hill & Associates Inc. now owns 736 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 275 shares during the last quarter. Headlands Technologies LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF during the first quarter worth approximately $36,000. Castleview Partners LLC increased its position in Vanguard Mortgage-Backed Securities ETF by 531.9% in the third quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 734 shares during the period. Finally, Armstrong Advisory Group Inc. acquired a new position in Vanguard Mortgage-Backed Securities ETF in the 3rd quarter valued at approximately $45,000.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.0 %

Shares of VMBS stock traded up $0.01 on Friday, reaching $45.91. The stock had a trading volume of 1,545,145 shares, compared to its average volume of 1,616,010. The firm’s 50-day moving average is $46.66 and its two-hundred day moving average is $46.00. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $43.28 and a 12 month high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were issued a $0.153 dividend. The ex-dividend date was Friday, November 1st. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. This represents a $1.84 dividend on an annualized basis and a dividend yield of 4.00%.

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).