Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Sold by Bard Associates Inc.

Bard Associates Inc. lessened its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 2.2% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 44,613 shares of the exchange traded fund’s stock after selling 1,020 shares during the period. Bard Associates Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $2,106,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of VMBS. Asset Dedication LLC lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 3,666.7% during the 2nd quarter. Asset Dedication LLC now owns 565 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 550 shares in the last quarter. Carmichael Hill & Associates Inc. grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 59.7% during the 2nd quarter. Carmichael Hill & Associates Inc. now owns 736 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 275 shares during the last quarter. Headlands Technologies LLC bought a new position in Vanguard Mortgage-Backed Securities ETF during the 1st quarter worth $36,000. Castleview Partners LLC grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 531.9% during the third quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 734 shares during the last quarter. Finally, Armstrong Advisory Group Inc. bought a new position in Vanguard Mortgage-Backed Securities ETF in the 3rd quarter worth approximately $45,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

VMBS opened at $45.57 on Friday. The business has a 50 day moving average price of $46.59 and a two-hundred day moving average price of $46.03. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $43.87 and a 1-year high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were given a dividend of $0.153 per share. The ex-dividend date was Friday, November 1st. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. This represents a $1.84 dividend on an annualized basis and a yield of 4.03%.

Vanguard Mortgage-Backed Securities ETF Company 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).