Bard Associates Inc. Has $81,000 Stock Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Bard Associates Inc. decreased its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 88.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,719 shares of the exchange traded fund’s stock after selling 13,153 shares during the period. Bard Associates Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $81,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in VMBS. Bank of America Corp DE lifted its position in Vanguard Mortgage-Backed Securities ETF by 8.4% during the 3rd quarter. Bank of America Corp DE now owns 57,618,720 shares of the exchange traded fund’s stock worth $2,705,775,000 after buying an additional 4,468,416 shares in the last quarter. Stifel Financial Corp lifted its position in Vanguard Mortgage-Backed Securities ETF by 32.3% during the 4th quarter. Stifel Financial Corp now owns 8,298,375 shares of the exchange traded fund’s stock worth $390,688,000 after buying an additional 2,026,709 shares in the last quarter. Alesco Advisors LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth about $71,911,000. JPMorgan Chase & Co. lifted its position in 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 worth $2,391,398,000 after buying an additional 1,253,241 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its position in Vanguard Mortgage-Backed Securities ETF by 10.3% during the 4th quarter. Wells Fargo & Company MN now owns 9,007,305 shares of the exchange traded fund’s stock worth $424,064,000 after buying an additional 843,178 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of NASDAQ VMBS opened at $46.68 on Monday. The firm’s 50-day simple moving average is $46.79 and its 200 day simple moving average is $47.04. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $45.59 and a 12-month high of $47.90.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were given a dividend of $0.1634 per share. The ex-dividend date was Monday, June 1st. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16.

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).