Belpointe Asset Management LLC Has $311,000 Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Belpointe Asset Management LLC cut its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 8.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,041 shares of the exchange traded fund’s stock after selling 575 shares during the period. Belpointe Asset Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $311,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Bank of America Corp DE boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 9.2% during the fourth quarter. Bank of America Corp DE now owns 12,689,451 shares of the exchange traded fund’s stock worth $653,379,000 after buying an additional 1,066,845 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 3.1% during the third quarter. Envestnet Asset Management Inc. now owns 9,538,763 shares of the exchange traded fund’s stock worth $486,477,000 after buying an additional 282,405 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 9.9% during the fourth quarter. Bank of New York Mellon Corp now owns 2,281,830 shares of the exchange traded fund’s stock worth $117,491,000 after buying an additional 205,621 shares during the period. LPL Financial LLC boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 1.2% during the fourth quarter. LPL Financial LLC now owns 2,069,707 shares of the exchange traded fund’s stock worth $106,569,000 after buying an additional 24,920 shares during the period. Finally, Fisher Asset Management LLC boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 11.0% during the fourth quarter. Fisher Asset Management LLC now owns 1,855,131 shares of the exchange traded fund’s stock worth $95,521,000 after buying an additional 183,544 shares during the period.

Shares of VMBS traded up $0.08 during mid-day trading on Wednesday, hitting $52.08. 9,005 shares of the company’s stock were exchanged, compared to its average volume of 823,122. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $50.19 and a fifty-two week high of $52.46.

The company also recently declared a monthly dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.149 per share. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.07. This represents a $1.79 annualized dividend and a yield of 3.43%. The ex-dividend date was Monday, April 1st.

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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).

Read More: Return on Investment (ROI)

Institutional Ownership by Quarter for Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

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