Vanguard Mortgage-Backed Securities ETF $VMBS Position Lifted by Proffitt & Goodson Inc.

Proffitt & Goodson Inc. grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 4.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 392,837 shares of the exchange traded fund’s stock after acquiring an additional 15,402 shares during the period. Vanguard Mortgage-Backed Securities ETF comprises approximately 2.6% of Proffitt & Goodson Inc.’s holdings, making the stock its 10th largest position. Proffitt & Goodson Inc. owned about 0.12% of Vanguard Mortgage-Backed Securities ETF worth $18,448,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Brighton Jones LLC grew its holdings in Vanguard Mortgage-Backed Securities ETF by 4.6% during the fourth 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 during the period. EP Wealth Advisors LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 1st quarter valued at about $162,000. Advisors Asset Management Inc. lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 10.1% during the 1st quarter. Advisors Asset Management Inc. now owns 16,761 shares of the exchange traded fund’s stock valued at $776,000 after buying an additional 1,540 shares in the last quarter. AQR Capital Management LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 1st quarter valued at approximately $342,000. Finally, Talon Private Wealth LLC increased its holdings in Vanguard Mortgage-Backed Securities ETF by 13.8% in the 1st quarter. Talon Private Wealth LLC now owns 11,255 shares of the exchange traded fund’s stock worth $521,000 after acquiring an additional 1,367 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.1%

Shares of NASDAQ:VMBS opened at $47.02 on Friday. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $44.65 and a 1-year high of $47.46. The firm’s 50 day simple moving average is $47.10 and its two-hundred day simple moving average is $46.73.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Investors of record on Monday, December 1st were paid a dividend of $0.1615 per share. The ex-dividend date was Monday, December 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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). 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).