Gilbert & Cook Inc. Has $234,000 Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Gilbert & Cook Inc. cut its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 8.7% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,151 shares of the exchange traded fund’s stock after selling 493 shares during the quarter. Gilbert & Cook Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $234,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. AdvisorNet Financial Inc increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 0.5% in the 1st quarter. AdvisorNet Financial Inc now owns 50,036 shares of the exchange traded fund’s stock valued at $2,282,000 after buying an additional 250 shares during the period. Security Financial Services INC. raised its holdings in Vanguard Mortgage-Backed Securities ETF by 1.1% during the 1st quarter. Security Financial Services INC. now owns 27,298 shares of the exchange traded fund’s stock worth $1,245,000 after purchasing an additional 284 shares during the last quarter. Arden Trust Co raised its holdings in Vanguard Mortgage-Backed Securities ETF by 1.6% during the 1st quarter. Arden Trust Co now owns 20,481 shares of the exchange traded fund’s stock worth $934,000 after purchasing an additional 313 shares during the last quarter. AA Financial Advisors LLC lifted its position in Vanguard Mortgage-Backed Securities ETF by 5.7% during the 2nd quarter. AA Financial Advisors LLC now owns 6,370 shares of the exchange traded fund’s stock valued at $289,000 after purchasing an additional 343 shares during the period. Finally, Bessemer Group Inc. boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 8.0% in the 1st quarter. Bessemer Group Inc. now owns 4,710 shares of the exchange traded fund’s stock valued at $215,000 after purchasing an additional 350 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS opened at $46.82 on Tuesday. The firm has a 50 day simple moving average of $46.20 and a 200 day simple moving average of $45.49. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $42.06 and a fifty-two week high of $47.31.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd will be paid a $0.154 dividend. The ex-dividend date of this dividend is Tuesday, September 3rd. This represents a $1.85 dividend on an annualized basis and a dividend yield of 3.95%. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15.

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).