National Asset Management Inc. Increases Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

National Asset Management Inc. increased its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 9.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 128,564 shares of the exchange traded fund’s stock after buying an additional 11,028 shares during the quarter. Vanguard Mortgage-Backed Securities ETF comprises approximately 0.7% of National Asset Management Inc.’s investment portfolio, making the stock its 21st biggest holding. National Asset Management Inc. owned 0.07% of Vanguard Mortgage-Backed Securities ETF worth $6,793,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in VMBS. Envestnet Asset Management Inc. boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 3.5% in the second quarter. Envestnet Asset Management Inc. now owns 11,795,891 shares of the exchange traded fund’s stock valued at $623,177,000 after purchasing an additional 393,484 shares during the last quarter. Assetmark Inc. boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 173.1% in the first quarter. Assetmark Inc. now owns 5,022,941 shares of the exchange traded fund’s stock valued at $263,001,000 after purchasing an additional 3,183,738 shares during the last quarter. MD Financial Management Inc. boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 9.0% in the second quarter. MD Financial Management Inc. now owns 1,338,331 shares of the exchange traded fund’s stock valued at $70,704,000 after purchasing an additional 110,984 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 12.7% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 1,275,453 shares of the exchange traded fund’s stock valued at $66,783,000 after purchasing an additional 143,352 shares during the last quarter. Finally, AE Wealth Management LLC boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 150.8% in the second quarter. AE Wealth Management LLC now owns 1,164,022 shares of the exchange traded fund’s stock valued at $61,495,000 after purchasing an additional 699,822 shares during the last quarter.

NASDAQ:VMBS traded up $0.10 during mid-day trading on Tuesday, hitting $53.15. The company’s stock had a trading volume of 251,773 shares, compared to its average volume of 844,568. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $50.19 and a 1 year high of $53.17. The business’s fifty day moving average is $52.91 and its two-hundred day moving average is $52.33.

The company also recently announced a monthly dividend, which was paid on Tuesday, August 6th. Stockholders of record on Friday, August 2nd were paid a dividend of $0.133 per share. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.07. This represents a $1.60 annualized dividend and a dividend yield of 3.00%. The ex-dividend date of this dividend was 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).

Further Reading: Return on Equity (ROE)

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

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