MGO One Seven LLC Raises Stock Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

MGO One Seven LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 61.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 262,766 shares of the exchange traded fund’s stock after acquiring an additional 99,666 shares during the quarter. MGO One Seven LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $12,371,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Bank of America Corp DE increased its stake in Vanguard Mortgage-Backed Securities ETF by 8.4% in the third quarter. Bank of America Corp DE now owns 57,618,720 shares of the exchange traded fund’s stock worth $2,705,775,000 after purchasing an additional 4,468,416 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.5% during the third quarter. JPMorgan Chase & Co. now owns 50,924,140 shares of the exchange traded fund’s stock valued at $2,391,398,000 after purchasing an additional 1,253,241 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 5.4% in the third quarter. Envestnet Asset Management Inc. now owns 22,220,955 shares of the exchange traded fund’s stock worth $1,043,496,000 after purchasing an additional 1,139,467 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 2.5% in the third quarter. Bank of New York Mellon Corp now owns 10,336,243 shares of the exchange traded fund’s stock worth $485,390,000 after purchasing an additional 253,782 shares during the last quarter. Finally, Assetmark Inc. increased its stake in Vanguard Mortgage-Backed Securities ETF by 2.6% in the 3rd quarter. Assetmark Inc. now owns 8,839,027 shares of the exchange traded fund’s stock worth $415,081,000 after buying an additional 224,746 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.3%

VMBS stock opened at $46.76 on Friday. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $45.05 and a 12 month high of $47.90. The firm’s 50-day moving average is $47.04 and its 200 day moving average is $47.14.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, May 5th. Stockholders of record on Friday, May 1st were given a dividend of $0.1609 per share. The ex-dividend date of this dividend was Friday, May 1st.

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).