Commonwealth Equity Services LLC Has $18.51 Million Stake in Vanguard Mortgage-Backed Securities ETF $VMBS

Commonwealth Equity Services LLC lowered its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 3.8% in the third quarter, HoldingsChannel.com reports. The firm owned 394,092 shares of the exchange traded fund’s stock after selling 15,694 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $18,507,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of VMBS. Legacy Investment Solutions LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 2nd quarter valued at $32,000. Evolution Wealth Management Inc. bought a new position in Vanguard Mortgage-Backed Securities ETF in the second quarter valued at about $34,000. CENTRAL TRUST Co acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the second quarter worth about $38,000. Fortitude Family Office LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the third quarter worth about $38,000. Finally, Bellevue Asset Management LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF during the 2nd quarter worth about $39,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Vanguard Mortgage-Backed Securities ETF stock opened at $47.32 on Friday. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $44.65 and a 1 year high of $47.46. The company’s 50-day moving average is $47.09 and its two-hundred day moving average is $46.77.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

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

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). 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).