Tran Capital Management L.P. Lowers Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Tran Capital Management L.P. cut its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 64.7% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,179 shares of the exchange traded fund’s stock after selling 16,826 shares during the period. Tran Capital Management L.P.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $419,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Sugarloaf Wealth Management LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at about $27,000. Bradley & Co. Private Wealth Management LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at about $29,000. Addison Advisors LLC raised its holdings in Vanguard Mortgage-Backed Securities ETF by 44.6% during the fourth quarter. Addison Advisors LLC now owns 849 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 262 shares during the period. SouthState Corp bought a new stake in Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at about $57,000. Finally, Citigroup Inc. raised its holdings in Vanguard Mortgage-Backed Securities ETF by 194.0% during the third quarter. Citigroup Inc. now owns 1,379 shares of the exchange traded fund’s stock valued at $60,000 after acquiring an additional 910 shares during the period.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.6 %

Shares of VMBS stock traded up $0.25 during trading hours on Thursday, hitting $45.26. The stock had a trading volume of 759,167 shares, compared to its average volume of 1,507,875. Vanguard Mortgage-Backed Securities ETF has a one year low of $42.06 and a one year high of $46.59. The stock’s 50-day moving average price is $45.10 and its two-hundred day moving average price is $45.36.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st were issued a $0.151 dividend. This represents a $1.81 annualized dividend and a dividend yield of 4.00%. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date was Monday, July 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).