Mid Atlantic Financial Management Inc. ADV Decreases Stake in Vanguard Mortgage-Backed Securities Index Fund ETF Shares (NASDAQ:VMBS)

Mid Atlantic Financial Management Inc. ADV cut its stake in shares of Vanguard Mortgage-Backed Securities Index Fund ETF Shares (NASDAQ:VMBS) by 16.5% during the second quarter, HoldingsChannel reports. The firm owned 25,231 shares of the exchange traded fund’s stock after selling 4,969 shares during the quarter. Mid Atlantic Financial Management Inc. ADV’s holdings in Vanguard Mortgage-Backed Securities Index Fund ETF Shares were worth $1,347,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of VMBS. Sei Investments Co. raised its holdings in shares of Vanguard Mortgage-Backed Securities Index Fund ETF Shares by 13.7% in the second quarter. Sei Investments Co. now owns 143,773 shares of the exchange traded fund’s stock worth $7,659,000 after buying an additional 17,317 shares during the period. Eagle Ridge Investment Management grew its stake in Vanguard Mortgage-Backed Securities Index Fund ETF Shares by 2.8% in the second quarter. Eagle Ridge Investment Management now owns 458,272 shares of the exchange traded fund’s stock worth $24,458,000 after purchasing an additional 12,381 shares in the last quarter. Citizens Financial Group Inc RI grew its stake in Vanguard Mortgage-Backed Securities Index Fund ETF Shares by 6.7% in the first quarter. Citizens Financial Group Inc RI now owns 170,266 shares of the exchange traded fund’s stock worth $9,087,000 after purchasing an additional 10,672 shares in the last quarter. Bartlett & Co. LLC grew its stake in Vanguard Mortgage-Backed Securities Index Fund ETF Shares by 1.6% in the second quarter. Bartlett & Co. LLC now owns 766,633 shares of the exchange traded fund’s stock worth $40,915,000 after purchasing an additional 11,901 shares in the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. bought a new position in Vanguard Mortgage-Backed Securities Index Fund ETF Shares in the second quarter worth approximately $57,730,000.

Shares of NASDAQ VMBS opened at $53.49 on Wednesday. The stock’s fifty day simple moving average is $53.47 and its two-hundred day simple moving average is $53.47. Vanguard Mortgage-Backed Securities Index Fund ETF Shares has a 12-month low of $53.18 and a 12-month high of $54.32.

The business also recently announced a monthly dividend, which was paid on Tuesday, September 7th. Shareholders of record on Thursday, September 2nd were given a dividend of $0.053 per share. This represents a $0.64 annualized dividend and a yield of 1.19%. The ex-dividend date of this dividend was Wednesday, September 1st. This is a boost from Vanguard Mortgage-Backed Securities Index Fund ETF Shares’s previous monthly dividend of $0.05.

About Vanguard Mortgage-Backed Securities Index Fund ETF Shares

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).

Featured Story: Treasury Bonds

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 Index Fund ETF Shares (NASDAQ:VMBS).

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

Receive News & Ratings for Vanguard Mortgage-Backed Securities Index Fund ETF Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Mortgage-Backed Securities Index Fund ETF Shares and related companies with MarketBeat.com's FREE daily email newsletter.