Park Avenue Securities LLC Sells 8,515 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Park Avenue Securities LLC decreased its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 2.0% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 415,391 shares of the exchange traded fund’s stock after selling 8,515 shares during the quarter. Vanguard Mortgage-Backed Securities ETF comprises about 2.5% of Park Avenue Securities LLC’s investment portfolio, making the stock its 10th biggest position. Park Avenue Securities LLC owned about 0.22% of Vanguard Mortgage-Backed Securities ETF worth $21,945,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. BlackRock Inc. boosted its stake in Vanguard Mortgage-Backed Securities ETF by 0.8% in the 4th quarter. BlackRock Inc. now owns 239,193 shares of the exchange traded fund’s stock worth $12,316,000 after purchasing an additional 1,919 shares during the period. Millennium Management LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 6.9% in the 4th quarter. Millennium Management LLC now owns 20,534 shares of the exchange traded fund’s stock worth $1,057,000 after purchasing an additional 1,323 shares during the period. FMR LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 390.8% in the 4th quarter. FMR LLC now owns 3,696 shares of the exchange traded fund’s stock worth $190,000 after purchasing an additional 2,943 shares during the period. Deutsche Bank AG bought a new position in Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth approximately $729,000. Finally, LifePlan Financial Group Inc boosted its stake in Vanguard Mortgage-Backed Securities ETF by 16.5% in the 1st quarter. LifePlan Financial Group Inc now owns 5,335 shares of the exchange traded fund’s stock worth $279,000 after purchasing an additional 756 shares during the period.

VMBS stock traded down $0.02 during midday trading on Tuesday, hitting $53.09. The company’s stock had a trading volume of 3,134 shares, compared to its average volume of 865,115. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $50.19 and a 12 month high of $53.13. The business has a 50 day moving average price of $52.82.

The firm also recently declared a monthly dividend, which will be paid on Tuesday, August 6th. Shareholders of record on Friday, August 2nd will be paid a $0.133 dividend. This represents a $1.60 annualized dividend and a yield of 3.01%. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend is Thursday, August 1st.

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).

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

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