Mitsubishi UFJ Asset Management Co. Ltd. Lowers Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

Mitsubishi UFJ Asset Management Co. Ltd. trimmed its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 3.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 824,100 shares of the exchange traded fund’s stock after selling 27,200 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.25% of Vanguard Mortgage-Backed Securities ETF worth $38,700,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Angeles Investment Advisors LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter valued at approximately $90,328,000. JPMorgan Chase & Co. boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 2.5% during the third quarter. JPMorgan Chase & Co. now owns 50,924,140 shares of the exchange traded fund’s stock worth $2,391,398,000 after acquiring an additional 1,253,241 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in Vanguard Mortgage-Backed Securities ETF by 5.4% during the third quarter. Envestnet Asset Management Inc. now owns 22,220,955 shares of the exchange traded fund’s stock valued at $1,043,496,000 after acquiring an additional 1,139,467 shares in the last quarter. Woodard & Co. Asset Management Group Inc. ADV increased its holdings in Vanguard Mortgage-Backed Securities ETF by 1,012,969.1% in the 3rd quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 688,887 shares of the exchange traded fund’s stock valued at $32,350,000 after acquiring an additional 688,819 shares during the last quarter. Finally, Bank of America Corp DE increased its holdings in Vanguard Mortgage-Backed Securities ETF by 1.2% in the 2nd quarter. Bank of America Corp DE now owns 53,150,304 shares of the exchange traded fund’s stock valued at $2,462,985,000 after acquiring an additional 643,509 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS opened at $47.86 on Monday. The firm has a 50-day simple moving average of $47.29 and a two-hundred day simple moving average of $47.09. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.85 and a 52 week high of $47.90.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were issued a dividend of $0.1645 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.1%. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16.

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). The Index covers the United States agency mortgage-backed, pass-through securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).