Vanguard Mortgage-Backed Securities ETF $VMBS Position Boosted by Evergreen Advisors LLC

Evergreen Advisors LLC lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 4.1% in the first quarter, Holdings Channel.com reports. The fund owned 692,834 shares of the exchange traded fund’s stock after purchasing an additional 27,022 shares during the period. Vanguard Mortgage-Backed Securities ETF comprises approximately 7.6% of Evergreen Advisors LLC’s portfolio, making the stock its 6th largest holding. Evergreen Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $32,529,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in 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 in the last quarter. AQR Capital Management LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 1st quarter valued at about $342,000. Focus Partners Wealth bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 1st quarter valued at about $921,000. Baird Financial Group Inc. purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the second quarter valued at about $210,000. Finally, Brown Advisory Inc. increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 26.0% during the second quarter. Brown Advisory Inc. now owns 6,411 shares of the exchange traded fund’s stock valued at $297,000 after buying an additional 1,323 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS stock opened at $46.50 on Thursday. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $45.71 and a 1 year high of $47.90. The firm has a 50-day moving average of $46.63 and a 200 day moving average of $46.97.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.1645 per share. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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).