Hobart Private Capital LLC Lowers Stock Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Hobart Private Capital LLC lowered its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 3.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 151,598 shares of the exchange traded fund’s stock after selling 5,849 shares during the quarter. Vanguard Mortgage-Backed Securities ETF comprises approximately 1.6% of Hobart Private Capital LLC’s portfolio, making the stock its 21st biggest position. Hobart Private Capital LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $7,025,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Pinnacle Wealth Management Group Inc. raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 4.4% in the 2nd quarter. Pinnacle Wealth Management Group Inc. now owns 168,448 shares of the exchange traded fund’s stock worth $7,806,000 after purchasing an additional 7,066 shares during the last quarter. AlTi Global Inc. raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 0.7% in the 2nd quarter. AlTi Global Inc. now owns 41,269 shares of the exchange traded fund’s stock worth $1,912,000 after purchasing an additional 283 shares during the last quarter. Carnegie Investment Counsel purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 2nd quarter worth about $359,000. Money Design Co. Ltd. raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 2.6% in the 2nd quarter. Money Design Co. Ltd. now owns 290,049 shares of the exchange traded fund’s stock worth $13,441,000 after purchasing an additional 7,338 shares during the last quarter. Finally, Strategic Blueprint LLC increased its holdings in Vanguard Mortgage-Backed Securities ETF by 4.0% in the 2nd quarter. Strategic Blueprint LLC now owns 230,608 shares of the exchange traded fund’s stock worth $10,686,000 after buying an additional 8,934 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.2%

NASDAQ VMBS opened at $47.36 on Friday. Vanguard Mortgage-Backed Securities ETF has a one year low of $44.65 and a one year high of $47.46. The stock has a 50-day moving average of $46.91 and a 200 day moving average of $46.21.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were issued a $0.1533 dividend. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date was Wednesday, October 1st.

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).