Shufro Rose & Co. LLC Lowers Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Shufro Rose & Co. LLC decreased its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 6.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 14,877 shares of the exchange traded fund’s stock after selling 1,050 shares during the quarter. Shufro Rose & Co. LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $651,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Family CFO Inc raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 1.1% in the third quarter. Family CFO Inc now owns 295,028 shares of the exchange traded fund’s stock worth $12,916,000 after purchasing an additional 3,172 shares during the last quarter. LPL Financial LLC raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 9.7% in the third quarter. LPL Financial LLC now owns 4,416,122 shares of the exchange traded fund’s stock worth $193,338,000 after purchasing an additional 390,939 shares during the last quarter. Mather Group LLC. raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 0.9% in the third quarter. Mather Group LLC. now owns 3,021,774 shares of the exchange traded fund’s stock worth $132,293,000 after purchasing an additional 27,169 shares during the last quarter. Harbour Investments Inc. raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 9.5% in the third quarter. Harbour Investments Inc. now owns 26,554 shares of the exchange traded fund’s stock worth $1,163,000 after purchasing an additional 2,294 shares during the last quarter. Finally, Pallas Capital Advisors LLC raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 18.2% in the fourth quarter. Pallas Capital Advisors LLC now owns 460,795 shares of the exchange traded fund’s stock worth $21,362,000 after purchasing an additional 70,816 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of VMBS traded up $0.13 during trading hours on Friday, hitting $44.35. The stock had a trading volume of 995,284 shares, compared to its average volume of 1,674,646. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $42.06 and a 12 month high of $47.04. The stock has a fifty day moving average price of $45.11 and a 200 day moving average price of $44.97.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were issued a $0.1462 dividend. The ex-dividend date was Monday, April 1st. This represents a $1.75 annualized dividend and a dividend yield of 3.96%. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.14.

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).