TT Capital Management LLC Takes Position in Vanguard Mortgage-Backed Securities ETF $VMBS

TT Capital Management LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 26,363 shares of the exchange traded fund’s stock, valued at approximately $1,206,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Mather Group LLC. boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 6,012.2% in the 2nd quarter. Mather Group LLC. now owns 6,470,848 shares of the exchange traded fund’s stock valued at $299,859,000 after purchasing an additional 6,364,981 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 25.1% in the first quarter. Raymond James Financial Inc. now owns 5,517,380 shares of the exchange traded fund’s stock valued at $255,510,000 after buying an additional 1,107,390 shares during the period. JPMorgan Chase & Co. boosted its stake in Vanguard Mortgage-Backed Securities ETF by 2.0% in the second quarter. JPMorgan Chase & Co. now owns 49,670,899 shares of the exchange traded fund’s stock valued at $2,301,750,000 after acquiring an additional 964,005 shares during the last quarter. Jones Financial Companies Lllp grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2,169.7% during the first quarter. Jones Financial Companies Lllp now owns 682,872 shares of the exchange traded fund’s stock worth $33,743,000 after purchasing an additional 652,785 shares during the period. Finally, Bank of America Corp DE increased its holdings in Vanguard Mortgage-Backed Securities ETF by 1.2% in the second quarter. Bank of America Corp DE now owns 53,150,304 shares of the exchange traded fund’s stock valued at $2,462,985,000 after purchasing an additional 643,509 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

NASDAQ:VMBS opened at $46.98 on Friday. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $44.65 and a 1-year high of $47.46. The business’s 50-day moving average price is $47.12 and its two-hundred day moving average price is $46.57.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 3rd. Investors of record on Monday, December 1st were issued a dividend of $0.1615 per share. The ex-dividend date was Monday, December 1st. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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).