Cambridge Investment Research Advisors Inc. Sells 5,023 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Cambridge Investment Research Advisors Inc. reduced its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 0.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,261,648 shares of the exchange traded fund’s stock after selling 5,023 shares during the period. Cambridge Investment Research Advisors Inc. owned approximately 0.37% of Vanguard Mortgage-Backed Securities ETF worth $58,023,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Charles Schwab Investment Advisory Inc. grew its position in Vanguard Mortgage-Backed Securities ETF by 9.6% during the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 121,152,332 shares of the exchange traded fund’s stock worth $5,639,641,000 after acquiring an additional 10,586,242 shares during the last quarter. Bank of America Corp DE grew its position in Vanguard Mortgage-Backed Securities ETF by 35.6% during the 4th quarter. Bank of America Corp DE now owns 53,914,528 shares of the exchange traded fund’s stock worth $2,454,189,000 after acquiring an additional 14,144,564 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Vanguard Mortgage-Backed Securities ETF by 6.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 19,657,840 shares of the exchange traded fund’s stock worth $915,072,000 after acquiring an additional 1,189,422 shares during the last quarter. JPMorgan Chase & Co. grew its position in Vanguard Mortgage-Backed Securities ETF by 2.0% during the 1st quarter. JPMorgan Chase & Co. now owns 9,587,344 shares of the exchange traded fund’s stock worth $446,291,000 after acquiring an additional 190,652 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its position in Vanguard Mortgage-Backed Securities ETF by 22.8% during the 1st quarter. Bank of New York Mellon Corp now owns 7,667,575 shares of the exchange traded fund’s stock worth $356,926,000 after acquiring an additional 1,422,432 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.1 %

NASDAQ VMBS traded down $0.05 during trading hours on Tuesday, reaching $44.67. 583,749 shares of the company’s stock were exchanged, compared to its average volume of 1,455,823. Vanguard Mortgage-Backed Securities ETF has a one year low of $43.33 and a one year high of $47.56. The firm has a fifty day moving average of $45.19 and a 200-day moving average of $45.84.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, September 7th. Shareholders of record on Tuesday, September 5th were issued a dividend of $0.13 per share. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.13. The ex-dividend date was Friday, September 1st. This represents a $1.56 annualized dividend and a yield of 3.49%.

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).