Private Advisor Group LLC Lowers Stock Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

Private Advisor Group LLC lowered its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 24.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 248,058 shares of the exchange traded fund’s stock after selling 78,573 shares during the period. Private Advisor Group LLC owned approximately 0.08% of Vanguard Mortgage-Backed Securities ETF worth $11,649,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Absolute Capital Management LLC grew its position in Vanguard Mortgage-Backed Securities ETF by 1.8% in the 3rd quarter. Absolute Capital Management LLC now owns 13,167 shares of the exchange traded fund’s stock valued at $618,000 after buying an additional 233 shares during the last quarter. Security Financial Services INC. raised its position in Vanguard Mortgage-Backed Securities ETF by 0.7% during the 2nd quarter. Security Financial Services INC. now owns 34,146 shares of the exchange traded fund’s stock worth $1,582,000 after buying an additional 235 shares during the last quarter. FC Advisory LLC lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 0.3% in the 3rd quarter. FC Advisory LLC now owns 80,633 shares of the exchange traded fund’s stock worth $3,787,000 after acquiring an additional 256 shares during the period. AlTi Global Inc. boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 0.6% in the third quarter. AlTi Global Inc. now owns 41,536 shares of the exchange traded fund’s stock valued at $1,951,000 after acquiring an additional 267 shares in the last quarter. Finally, Level Four Advisory Services LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 1.8% in the third quarter. Level Four Advisory Services LLC now owns 15,501 shares of the exchange traded fund’s stock valued at $728,000 after acquiring an additional 280 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.2%

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $47.27 on Wednesday. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $44.85 and a 52-week high of $47.90. The company’s 50-day simple moving average is $47.32 and its 200-day simple moving average is $47.14.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a dividend of $0.1609 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.1%.

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). The Index covers the United States agency mortgage-backed, pass-through securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).