Vanguard Mortgage-Backed Securities ETF $VMBS Position Boosted by Clark Asset Management LLC

Clark Asset Management LLC increased its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 9.3% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 387,238 shares of the exchange traded fund’s stock after acquiring an additional 32,832 shares during the quarter. Vanguard Mortgage-Backed Securities ETF makes up 1.7% of Clark Asset Management LLC’s holdings, making the stock its 16th largest holding. Clark Asset Management LLC owned about 0.12% of Vanguard Mortgage-Backed Securities ETF worth $18,181,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in VMBS. Glen Eagle Advisors LLC raised its position in Vanguard Mortgage-Backed Securities ETF by 1,609.7% during the fourth quarter. Glen Eagle Advisors LLC now owns 530 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 499 shares during the period. Imprint Wealth LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the third quarter valued at approximately $25,000. DecisionPoint Financial LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter valued at $25,000. Kingdom Financial Group LLC. acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth about $29,000. Finally, MilWealth Group LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth about $30,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

VMBS opened at $46.74 on Monday. The stock has a 50-day moving average of $46.77 and a 200-day moving average of $47.02. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $45.69 and a 52-week high of $47.90.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

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