Vanguard Mortgage-Backed Securities ETF $VMBS Shares Acquired by Baker Avenue Asset Management LP

Baker Avenue Asset Management LP lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 651.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 488,931 shares of the exchange traded fund’s stock after buying an additional 423,832 shares during the period. Baker Avenue Asset Management LP’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $23,019,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. DecisionPoint Financial LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at $25,000. Imprint Wealth LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at $25,000. Kingdom Financial Group LLC. acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at $29,000. MilWealth Group LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at $30,000. Finally, Key Financial Inc lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 128.9% during the 4th quarter. Key Financial Inc now owns 641 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 361 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ:VMBS opened at $46.72 on Thursday. The firm’s fifty day simple moving average is $46.83 and its 200 day simple moving average is $47.08. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $45.23 and a twelve month high of $47.90.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were paid a dividend of $0.1609 per share. The ex-dividend date of this dividend was Friday, May 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).