City State Bank Sells 3,200 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

City State Bank cut its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 6.7% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 44,837 shares of the exchange traded fund’s stock after selling 3,200 shares during the period. City State Bank’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $2,117,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Charles Schwab Investment Advisory Inc. raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.2% in the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 134,995,733 shares of the exchange traded fund’s stock valued at $6,157,155,000 after purchasing an additional 2,856,614 shares during the period. Envestnet Asset Management Inc. lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 3.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 19,115,115 shares of the exchange traded fund’s stock worth $867,826,000 after purchasing an additional 659,720 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 0.8% during the second quarter. Bank of New York Mellon Corp now owns 10,055,325 shares of the exchange traded fund’s stock worth $456,512,000 after buying an additional 79,124 shares in the last quarter. LPL Financial LLC raised its stake in Vanguard Mortgage-Backed Securities ETF by 2.9% in the 2nd quarter. LPL Financial LLC now owns 4,996,495 shares of the exchange traded fund’s stock worth $226,841,000 after purchasing an additional 143,135 shares in the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 6.7% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 3,804,020 shares of the exchange traded fund’s stock valued at $173,501,000 after buying an additional 239,876 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS opened at $46.47 on Friday. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $42.06 and a 52-week high of $47.59. The business’s fifty day moving average is $46.97 and its 200-day moving average is $45.84.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Tuesday, October 1st were issued a dividend of $0.145 per share. This represents a $1.74 dividend on an annualized basis and a dividend yield of 3.74%. The ex-dividend date of this dividend was Tuesday, October 1st.

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).