Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Sold by Phillips Financial Management LLC

Phillips Financial Management LLC decreased its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 0.7% in the third quarter, HoldingsChannel reports. The firm owned 62,879 shares of the exchange traded fund’s stock after selling 419 shares during the quarter. Phillips Financial Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $2,969,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of VMBS. Raymond James & Associates grew its position in Vanguard Mortgage-Backed Securities ETF by 102.5% during the 3rd quarter. Raymond James & Associates now owns 3,431,563 shares of the exchange traded fund’s stock worth $162,004,000 after purchasing an additional 1,737,364 shares during the period. Jane Street Group LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 1st quarter worth approximately $57,419,000. Envestnet Asset Management Inc. increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 3.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 19,115,115 shares of the exchange traded fund’s stock valued at $867,826,000 after purchasing an additional 659,720 shares in the last quarter. Intelligence Driven Advisers LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 3rd quarter valued at $29,555,000. Finally, Manning & Napier Advisors LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 2nd quarter valued at $22,216,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

VMBS stock opened at $45.55 on Monday. Vanguard Mortgage-Backed Securities ETF has a one year low of $44.04 and a one year high of $47.59. The firm’s fifty day moving average is $46.52 and its 200 day moving average is $46.05.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were given a dividend of $0.153 per share. The ex-dividend date was Friday, November 1st. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. This represents a $1.84 dividend on an annualized basis and a dividend yield of 4.03%.

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).