Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Sold by Annapolis Financial Services LLC

Annapolis Financial Services LLC cut its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 21.1% in the 3rd quarter, Holdings Channel reports. The firm owned 17,563 shares of the exchange traded fund’s stock after selling 4,703 shares during the period. Annapolis Financial Services LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $829,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Charles Schwab Investment Advisory Inc. increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 2.2% in the first 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 buying an additional 2,856,614 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 3.6% during the second quarter. Envestnet Asset Management Inc. now owns 19,115,115 shares of the exchange traded fund’s stock valued at $867,826,000 after purchasing an additional 659,720 shares during the last quarter. Bank of New York Mellon Corp boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 0.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 10,055,325 shares of the exchange traded fund’s stock valued at $456,512,000 after purchasing an additional 79,124 shares during the period. LPL Financial LLC increased its stake in Vanguard Mortgage-Backed Securities ETF by 2.9% in the 2nd quarter. LPL Financial LLC now owns 4,996,495 shares of the exchange traded fund’s stock worth $226,841,000 after purchasing an additional 143,135 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. raised its holdings in Vanguard Mortgage-Backed Securities ETF by 6.7% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 3,804,020 shares of the exchange traded fund’s stock worth $173,501,000 after buying an additional 239,876 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.1 %

VMBS stock opened at $46.59 on Thursday. Vanguard Mortgage-Backed Securities ETF has a one year low of $42.06 and a one year high of $47.59. The firm has a 50-day moving average of $46.96 and a two-hundred day moving average of $45.86.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, October 3rd. Investors of record on Tuesday, October 1st were given a $0.145 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.74 annualized dividend and a dividend yield of 3.73%.

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).