Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Stock Position Decreased by American Trust

American Trust trimmed its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 82.1% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 98,621 shares of the exchange traded fund’s stock after selling 450,902 shares during the period. American Trust’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $4,498,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the stock. Charles Schwab Investment Advisory Inc. raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.2% in the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 134,995,733 shares of the exchange traded fund’s stock valued at $6,157,155,000 after acquiring an additional 2,856,614 shares in the last quarter. Envestnet Asset Management Inc. increased its position in Vanguard Mortgage-Backed Securities ETF by 7.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 17,498,487 shares of the exchange traded fund’s stock worth $811,230,000 after buying an additional 1,138,921 shares during the period. Bank of New York Mellon Corp increased its position in Vanguard Mortgage-Backed Securities ETF by 27.4% in the 1st quarter. Bank of New York Mellon Corp now owns 9,976,201 shares of the exchange traded fund’s stock worth $455,015,000 after buying an additional 2,143,081 shares during the period. Assetmark Inc. increased its position in Vanguard Mortgage-Backed Securities ETF by 1.8% in the 4th quarter. Assetmark Inc. now owns 6,303,927 shares of the exchange traded fund’s stock worth $292,250,000 after buying an additional 110,739 shares during the period. Finally, Morningstar Investment Services LLC increased its position in Vanguard Mortgage-Backed Securities ETF by 200.4% in the 4th quarter. Morningstar Investment Services LLC now owns 5,292,600 shares of the exchange traded fund’s stock worth $245,629,000 after buying an additional 3,531,000 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ VMBS traded up $0.58 during trading on Friday, hitting $46.96. The company’s stock had a trading volume of 2,898,406 shares, compared to its average volume of 1,520,879. The firm has a 50 day moving average price of $45.59 and a 200 day moving average price of $45.33. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $42.06 and a 52 week high of $47.00.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, August 5th. Stockholders of record on Thursday, August 1st will be issued a dividend of $0.151 per share. This represents a $1.81 annualized dividend and a dividend yield of 3.86%. 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).