Meeder Asset Management Inc. Purchases 4,682 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Meeder Asset Management Inc. boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 107.9% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 9,021 shares of the exchange traded fund’s stock after buying an additional 4,682 shares during the period. Meeder Asset Management Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $477,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Global Financial Private Capital LLC grew its stake in Vanguard Mortgage-Backed Securities ETF by 5.5% during the first quarter. Global Financial Private Capital LLC now owns 211,907 shares of the exchange traded fund’s stock valued at $11,095,000 after acquiring an additional 11,093 shares in the last quarter. Bartlett & Co. LLC grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 4.7% in the 2nd quarter. Bartlett & Co. LLC now owns 461,754 shares of the exchange traded fund’s stock worth $24,394,000 after buying an additional 20,534 shares in the last quarter. GWM Advisors LLC grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 10.8% in the 1st quarter. GWM Advisors LLC now owns 30,646 shares of the exchange traded fund’s stock worth $1,605,000 after buying an additional 2,980 shares in the last quarter. Strategic Investment Advisors MI grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 72.8% in the 2nd quarter. Strategic Investment Advisors MI now owns 27,981 shares of the exchange traded fund’s stock worth $1,485,000 after buying an additional 11,786 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 155.1% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 4,113 shares of the exchange traded fund’s stock worth $215,000 after buying an additional 2,501 shares in the last quarter.

Shares of NASDAQ:VMBS opened at $53.11 on Friday. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $50.19 and a 52 week high of $53.17. The firm has a fifty day simple moving average of $52.93 and a two-hundred day simple moving average of $52.35.

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

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).

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Want to see what other hedge funds are holding VMBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS).

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

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