Assetmark Inc. Has $415.65 Million Stake in Vanguard Mortgage-Backed Securities ETF $VMBS

Assetmark Inc. increased its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 0.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,853,123 shares of the exchange traded fund’s stock after purchasing an additional 60,256 shares during the quarter. Vanguard Mortgage-Backed Securities ETF makes up 0.8% of Assetmark Inc.’s holdings, making the stock its 25th largest position. Assetmark Inc. owned about 2.78% of Vanguard Mortgage-Backed Securities ETF worth $415,654,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Gould Asset Management LLC CA lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 24.2% during the 1st quarter. Gould Asset Management LLC CA now owns 82,818 shares of the exchange traded fund’s stock worth $3,888,000 after buying an additional 16,163 shares during the last quarter. Main Street Group LTD bought a new position in Vanguard Mortgage-Backed Securities ETF in the 1st quarter valued at about $40,000. AXS Investments LLC lifted its position in Vanguard Mortgage-Backed Securities ETF by 54.2% during the first quarter. AXS Investments LLC now owns 51,370 shares of the exchange traded fund’s stock worth $2,412,000 after acquiring an additional 18,059 shares during the last quarter. Goodman Financial Corp boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 34.0% during the first quarter. Goodman Financial Corp now owns 671,816 shares of the exchange traded fund’s stock worth $31,542,000 after acquiring an additional 170,355 shares during the period. Finally, Allspring Global Investments Holdings LLC grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 10.6% in the first quarter. Allspring Global Investments Holdings LLC now owns 206,517 shares of the exchange traded fund’s stock valued at $9,689,000 after purchasing an additional 19,774 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.1%

Shares of NASDAQ VMBS opened at $46.45 on Friday. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $45.78 and a 1-year high of $47.90. The business’s 50 day moving average is $46.63 and its 200-day moving average is $46.96.

Vanguard Mortgage-Backed Securities ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid a $0.1645 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 4.2%.

Vanguard Mortgage-Backed Securities ETF Company 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).