Assetmark Inc. Boosts Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Assetmark Inc. boosted its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 2.8% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,642,051 shares of the exchange traded fund’s stock after purchasing an additional 207,604 shares during the quarter. Vanguard Mortgage-Backed Securities ETF comprises approximately 1.0% of Assetmark Inc.’s portfolio, making the stock its 21st biggest position. Assetmark Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $360,781,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in VMBS. Janus Henderson Group PLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 162.1% in the 1st quarter. Janus Henderson Group PLC now owns 94,012 shares of the exchange traded fund’s stock valued at $4,288,000 after buying an additional 58,148 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 87.9% in the second quarter. Farther Finance Advisors LLC now owns 11,533 shares of the exchange traded fund’s stock valued at $518,000 after acquiring an additional 5,396 shares in the last quarter. Blair William & Co. IL boosted its stake in Vanguard Mortgage-Backed Securities ETF by 10.4% in the first quarter. Blair William & Co. IL now owns 4,734 shares of the exchange traded fund’s stock valued at $216,000 after acquiring an additional 447 shares in the last quarter. Bessemer Group Inc. grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 8.0% during the first quarter. Bessemer Group Inc. now owns 4,710 shares of the exchange traded fund’s stock worth $215,000 after purchasing an additional 350 shares during the last quarter. Finally, Headlands Technologies LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the first quarter worth about $36,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

Vanguard Mortgage-Backed Securities ETF stock opened at $45.91 on Friday. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $43.28 and a fifty-two week high of $47.59. The stock has a 50-day simple moving average of $46.66 and a 200-day simple moving average of $45.99.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were issued a $0.153 dividend. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. This represents a $1.84 annualized dividend and a dividend yield of 4.00%. The ex-dividend date was Friday, November 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).