Braun Bostich & Associates Inc. Sells 4,473 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Braun Bostich & Associates Inc. lowered its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 32.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 9,372 shares of the exchange traded fund’s stock after selling 4,473 shares during the period. Braun Bostich & Associates Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $442,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in VMBS. Charles Schwab Investment Advisory Inc. boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 2.2% during the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 134,995,733 shares of the exchange traded fund’s stock valued at $6,157,155,000 after purchasing an additional 2,856,614 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 1st quarter valued at about $57,419,000. Envestnet Asset Management Inc. boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 3.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 19,115,115 shares of the exchange traded fund’s stock valued at $867,826,000 after purchasing an additional 659,720 shares during the last quarter. Manning & Napier Advisors LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 2nd quarter valued at about $22,216,000. Finally, Kestra Investment Management LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 2nd quarter valued at about $20,731,000.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.2 %

Shares of NASDAQ:VMBS opened at $46.54 on Wednesday. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $42.06 and a 12 month high of $47.59. The company has a 50-day moving average price of $46.96 and a 200 day moving average price of $45.85.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, October 3rd. Investors of record on Tuesday, October 1st were issued a $0.145 dividend. This represents a $1.74 dividend on an annualized basis and a dividend yield of 3.74%. The ex-dividend date was Tuesday, October 1st.

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).