First Horizon Advisors Inc. Sells 2,791 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

First Horizon Advisors Inc. lessened its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 4.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 54,054 shares of the exchange traded fund’s stock after selling 2,791 shares during the period. First Horizon Advisors Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $2,552,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VMBS. Asset Dedication LLC lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 3,666.7% during the 2nd quarter. Asset Dedication LLC now owns 565 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 550 shares in the last quarter. Carmichael Hill & Associates Inc. lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 59.7% during the second quarter. Carmichael Hill & Associates Inc. now owns 736 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 275 shares in the last quarter. Castleview Partners LLC lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 531.9% during the third quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 734 shares in the last quarter. Armstrong Advisory Group Inc. bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the third quarter worth $45,000. Finally, FSA Wealth Management LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF in the first quarter valued at $53,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of VMBS opened at $45.65 on Thursday. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $44.04 and a 52-week high of $47.59. The stock’s 50-day simple moving average is $46.45 and its 200 day simple moving average is $46.08.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a $0.153 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 4.02%. The ex-dividend date of this dividend was Friday, November 1st. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15.

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).