Manning & Napier Advisors LLC Trims Stake in Vanguard Mortgage-Backed Securities ETF $VMBS

Manning & Napier Advisors LLC reduced its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 3.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 708,755 shares of the exchange traded fund’s stock after selling 28,503 shares during the period. Manning & Napier Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $33,276,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of VMBS. Glen Eagle Advisors LLC boosted its position in Vanguard Mortgage-Backed Securities ETF by 1,609.7% during the 4th quarter. Glen Eagle Advisors LLC now owns 530 shares of the exchange traded fund’s stock valued at $25,000 after acquiring an additional 499 shares in the last quarter. Imprint Wealth LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 3rd quarter worth approximately $25,000. DecisionPoint Financial LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth approximately $25,000. Ascentis Independent Advisors purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 1st quarter valued at approximately $27,000. Finally, Kingdom Financial Group LLC. purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter valued at approximately $29,000.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.1%

Shares of NASDAQ VMBS traded down $0.03 during mid-day trading on Friday, hitting $46.44. 1,081,373 shares of the stock traded hands, compared to its average volume of 1,631,590. The stock has a fifty day moving average price of $46.66 and a 200-day moving average price of $46.98. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $45.69 and a 52 week high of $47.90.

Vanguard Mortgage-Backed Securities ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.1645 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.3%.

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).