Orion Porfolio Solutions LLC Raises Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Orion Porfolio Solutions LLC grew its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 2.0% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 600,243 shares of the exchange traded fund’s stock after buying an additional 12,006 shares during the quarter. Orion Porfolio Solutions LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $28,187,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of VMBS. Brighton Jones LLC grew its stake in Vanguard Mortgage-Backed Securities ETF by 4.6% during 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 in the last quarter. AQR Capital Management LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the 1st quarter valued at about $342,000. Focus Partners Wealth purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 1st quarter valued at about $921,000. Bank of Montreal Can grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 0.7% during the second quarter. Bank of Montreal Can now owns 77,212 shares of the exchange traded fund’s stock worth $3,578,000 after buying an additional 550 shares in the last quarter. Finally, Arrowroot Family Office LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the second quarter worth about $2,583,000.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.1%

Shares of NASDAQ:VMBS opened at $47.36 on Thursday. The firm’s 50 day moving average price is $47.31 and its 200 day moving average price is $47.11. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.85 and a fifty-two week high of $47.90.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a $0.1609 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Monday, March 2nd.

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). 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).