Ashton Thomas Securities LLC Has $833,000 Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Ashton Thomas Securities LLC lessened its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 1.3% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 17,969 shares of the exchange traded fund’s stock after selling 236 shares during the quarter. Ashton Thomas Securities LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $833,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in VMBS. Brighton Jones LLC raised its position in Vanguard Mortgage-Backed Securities ETF by 4.6% in the fourth quarter. Brighton Jones LLC now owns 7,833 shares of the exchange traded fund’s stock worth $355,000 after purchasing an additional 347 shares in the last quarter. Parallel Advisors LLC raised its position in Vanguard Mortgage-Backed Securities ETF by 37.7% in the first quarter. Parallel Advisors LLC now owns 1,789 shares of the exchange traded fund’s stock worth $83,000 after purchasing an additional 490 shares in the last quarter. NBC Securities Inc. raised its position in Vanguard Mortgage-Backed Securities ETF by 103,662.5% in the first quarter. NBC Securities Inc. now owns 8,301 shares of the exchange traded fund’s stock worth $384,000 after purchasing an additional 8,293 shares in the last quarter. Pinnacle Wealth Management Group Inc. grew its stake in Vanguard Mortgage-Backed Securities ETF by 4.4% during the first quarter. Pinnacle Wealth Management Group Inc. now owns 161,382 shares of the exchange traded fund’s stock worth $7,474,000 after buying an additional 6,824 shares during the last quarter. Finally, Sovereign Financial Group Inc. grew its stake in Vanguard Mortgage-Backed Securities ETF by 13.1% during the first quarter. Sovereign Financial Group Inc. now owns 97,424 shares of the exchange traded fund’s stock worth $4,512,000 after buying an additional 11,303 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.1%

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $47.03 on Friday. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $44.65 and a 1-year high of $47.38. The firm’s 50-day moving average price is $46.62 and its two-hundred day moving average price is $46.10.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st will be paid a dividend of $0.1533 per share. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Wednesday, 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).