First Horizon Advisors Inc. Sells 17,728 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

First Horizon Advisors Inc. cut its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 32.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 36,326 shares of the exchange traded fund’s stock after selling 17,728 shares during the period. First Horizon Advisors Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $1,647,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of VMBS. Morningstar Investment Management LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth about $116,296,000. Kovitz Investment Group Partners LLC raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 976.7% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 2,036,034 shares of the exchange traded fund’s stock valued at $95,912,000 after purchasing an additional 1,846,939 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 26.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,581,819 shares of the exchange traded fund’s stock worth $405,148,000 after acquiring an additional 1,777,531 shares during the period. Intelligence Driven Advisers LLC bought a new position in Vanguard Mortgage-Backed Securities ETF during the third quarter worth $29,555,000. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 63.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,266,633 shares of the exchange traded fund’s stock worth $59,798,000 after acquiring an additional 489,804 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $45.94 on Monday. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $44.04 and a 52-week high of $47.59. The firm has a 50-day moving average of $45.39 and a 200-day moving average of $46.11.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a $0.1598 dividend. The ex-dividend date was Monday, February 3rd. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.15.

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).