Clark Asset Management LLC Has $18.18 Million Stock Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

Clark Asset Management LLC lifted its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 9.3% during the 1st quarter, Holdings Channel reports. The fund owned 387,238 shares of the exchange traded fund’s stock after acquiring an additional 32,832 shares during the quarter. Vanguard Mortgage-Backed Securities ETF makes up approximately 1.7% of Clark Asset Management LLC’s portfolio, making the stock its 16th biggest position. Clark Asset Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $18,181,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 3.7% during the 4th quarter. Bank of America Corp DE now owns 59,766,080 shares of the exchange traded fund’s stock valued at $2,813,787,000 after acquiring an additional 2,147,360 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in Vanguard Mortgage-Backed Securities ETF by 1.4% in the fourth quarter. Bank of New York Mellon Corp now owns 10,478,686 shares of the exchange traded fund’s stock valued at $493,337,000 after buying an additional 142,443 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 10.3% in the fourth quarter. Wells Fargo & Company MN now owns 9,007,305 shares of the exchange traded fund’s stock valued at $424,064,000 after purchasing an additional 843,178 shares in the last quarter. Stifel Financial Corp lifted its stake in Vanguard Mortgage-Backed Securities ETF by 32.3% in the 4th quarter. Stifel Financial Corp now owns 8,298,375 shares of the exchange traded fund’s stock valued at $390,688,000 after acquiring an additional 2,026,709 shares in the last quarter. Finally, Mather Group LLC. boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 3.6% during the fourth quarter. Mather Group LLC. now owns 7,024,424 shares of the exchange traded fund’s stock worth $330,710,000 after purchasing an additional 245,905 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

NASDAQ:VMBS opened at $46.74 on Monday. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $45.69 and a twelve month high of $47.90. The stock’s 50 day moving average price is $46.77 and its two-hundred day moving average price is $47.02.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were paid a $0.1634 dividend. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16. The ex-dividend date was Monday, June 1st.

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). 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).