TCG Advisory Services LLC Raises Stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

TCG Advisory Services LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 52.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 7,466 shares of the exchange traded fund’s stock after acquiring an additional 2,566 shares during the quarter. TCG Advisory Services LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $346,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the business. Charles Schwab Investment Advisory Inc. grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 6.6% in the 3rd quarter. Charles Schwab Investment Advisory Inc. now owns 132,032,863 shares of the exchange traded fund’s stock valued at $5,780,399,000 after purchasing an additional 8,121,857 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 4.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,466,869 shares of the exchange traded fund’s stock worth $458,238,000 after buying an additional 480,055 shares during the last quarter. Assetmark Inc. raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 9.3% during the 3rd quarter. Assetmark Inc. now owns 6,193,188 shares of the exchange traded fund’s stock worth $271,138,000 after purchasing an additional 528,714 shares during the last quarter. Stifel Financial Corp raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 3.1% during the 3rd quarter. Stifel Financial Corp now owns 4,903,394 shares of the exchange traded fund’s stock worth $214,671,000 after purchasing an additional 146,916 shares during the last quarter. Finally, LPL Financial LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 9.7% during the 3rd 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.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.0 %

VMBS traded up $0.01 during trading on Monday, hitting $44.76. The company’s stock had a trading volume of 249,421 shares, compared to its average volume of 1,634,802. The firm’s 50 day moving average price is $45.04 and its 200-day moving average price is $45.03. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $42.06 and a twelve month high of $46.95.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, May 6th. Shareholders of record on Thursday, May 2nd will be given a $0.148 dividend. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. This represents a $1.78 dividend on an annualized basis and a yield of 3.97%. The ex-dividend date of this dividend is Wednesday, 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).