Evergreen Capital Management LLC Decreases Stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Evergreen Capital Management LLC trimmed its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 4.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 527,755 shares of the exchange traded fund’s stock after selling 26,498 shares during the quarter. Vanguard Mortgage-Backed Securities ETF accounts for about 0.8% of Evergreen Capital Management LLC’s investment portfolio, making the stock its 21st biggest position. Evergreen Capital Management LLC owned approximately 0.12% of Vanguard Mortgage-Backed Securities ETF worth $23,928,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ellis Investment Partners LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 3.4% in the 4th quarter. Ellis Investment Partners LLC now owns 7,764 shares of the exchange traded fund’s stock valued at $352,000 after purchasing an additional 252 shares in the last quarter. Richard W. Paul & Associates LLC raised its holdings in Vanguard Mortgage-Backed Securities ETF by 11.8% in the fourth quarter. Richard W. Paul & Associates LLC now owns 2,432 shares of the exchange traded fund’s stock valued at $110,000 after acquiring an additional 257 shares in the last quarter. Farther Finance Advisors LLC grew its holdings in Vanguard Mortgage-Backed Securities ETF by 2.2% during the 4th quarter. Farther Finance Advisors LLC now owns 11,817 shares of the exchange traded fund’s stock worth $536,000 after acquiring an additional 259 shares in the last quarter. FSB Premier Wealth Management Inc. grew its holdings in Vanguard Mortgage-Backed Securities ETF by 0.9% during the 4th quarter. FSB Premier Wealth Management Inc. now owns 32,602 shares of the exchange traded fund’s stock worth $1,478,000 after acquiring an additional 286 shares in the last quarter. Finally, Brighton Jones LLC increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 4.6% in the 4th 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 during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.2 %

Shares of VMBS stock opened at $45.80 on Wednesday. Vanguard Mortgage-Backed Securities ETF has a one year low of $44.04 and a one year high of $47.59. The company’s 50-day simple moving average is $45.97 and its 200-day simple moving average is $45.86.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were issued a dividend of $0.164 per share. This represents a $1.97 dividend on an annualized basis and a yield of 4.30%. The ex-dividend date of this dividend was Tuesday, April 1st. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15.

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).