Manning & Napier Advisors LLC Reduces Stock Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Manning & Napier Advisors LLC lessened its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 3.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 708,755 shares of the exchange traded fund’s stock after selling 28,503 shares during the period. Manning & Napier Advisors LLC owned 0.22% of Vanguard Mortgage-Backed Securities ETF worth $33,276,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. DecisionPoint Financial LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at about $25,000. Glen Eagle Advisors LLC grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 1,609.7% in the fourth quarter. Glen Eagle Advisors LLC now owns 530 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 499 shares during the last quarter. Imprint Wealth LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at about $25,000. Ascentis Independent Advisors purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 1st quarter valued at about $27,000. Finally, Kingdom Financial Group LLC. bought a new position in Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at approximately $29,000.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.1%

NASDAQ VMBS traded down $0.03 on Friday, hitting $46.44. The company’s stock had a trading volume of 1,081,373 shares, compared to its average volume of 1,631,590. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $45.69 and a 52-week high of $47.90. The company’s 50-day simple moving average is $46.66 and its 200 day simple moving average is $46.98.

Vanguard Mortgage-Backed Securities ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid a $0.1645 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 4.3%.

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). 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).