Cobblestone Capital Advisors LLC NY Has $3.65 Million Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

Cobblestone Capital Advisors LLC NY grew its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 125.9% during the third quarter, Holdings Channel.com reports. The firm owned 77,720 shares of the exchange traded fund’s stock after buying an additional 43,310 shares during the period. Cobblestone Capital Advisors LLC NY’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $3,650,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Bank of America Corp DE boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 1.2% during the second quarter. Bank of America Corp DE now owns 53,150,304 shares of the exchange traded fund’s stock worth $2,462,985,000 after purchasing an additional 643,509 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 50,924,140 shares of the exchange traded fund’s stock valued at $2,391,398,000 after buying an additional 1,253,241 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 5.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 22,220,955 shares of the exchange traded fund’s stock valued at $1,043,496,000 after acquiring an additional 1,139,467 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.5% in the third quarter. Bank of New York Mellon Corp now owns 10,336,243 shares of the exchange traded fund’s stock worth $485,390,000 after acquiring an additional 253,782 shares during the last quarter. Finally, Assetmark Inc. increased its position in Vanguard Mortgage-Backed Securities ETF by 2.6% in the 3rd quarter. Assetmark Inc. now owns 8,839,027 shares of the exchange traded fund’s stock worth $415,081,000 after purchasing an additional 224,746 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ:VMBS opened at $47.86 on Monday. The stock’s 50 day moving average price is $47.29 and its 200 day moving average price is $47.09. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.85 and a 52 week high of $47.90.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.1645 per share. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16.

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).