Connecticut Capital Management Group LLC Acquires New Shares in Vanguard Mortgage-Backed Securities ETF $VMBS

Connecticut Capital Management Group LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 158,893 shares of the exchange traded fund’s stock, valued at approximately $7,481,000. Vanguard Mortgage-Backed Securities ETF makes up 7.2% of Connecticut Capital Management Group LLC’s portfolio, making the stock its 2nd biggest position. Connecticut Capital Management Group LLC owned approximately 0.05% of Vanguard Mortgage-Backed Securities ETF at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of VMBS. Brighton Jones LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 4.6% during the 4th quarter. Brighton Jones LLC now owns 7,833 shares of the exchange traded fund’s stock valued at $355,000 after acquiring an additional 347 shares in the last quarter. AQR Capital Management LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 1st quarter valued at $342,000. Focus Partners Wealth acquired a new position in Vanguard Mortgage-Backed Securities ETF during the 1st quarter worth about $921,000. Baird Financial Group Inc. acquired a new position in Vanguard Mortgage-Backed Securities ETF during the 2nd quarter worth about $210,000. Finally, Brown Advisory Inc. lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 26.0% during the 2nd quarter. Brown Advisory Inc. now owns 6,411 shares of the exchange traded fund’s stock worth $297,000 after buying an additional 1,323 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.0%

Shares of VMBS opened at $46.72 on Thursday. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $45.23 and a 12 month high of $47.90. The stock’s 50-day moving average price is $46.83 and its two-hundred day moving average price is $47.08.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st were issued a dividend of $0.1609 per share. The ex-dividend date of this dividend was Friday, May 1st.

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).