Clark Asset Management LLC Buys 23,395 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

Clark Asset Management LLC lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 9.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 281,817 shares of the exchange traded fund’s stock after acquiring an additional 23,395 shares during the quarter. Vanguard Mortgage-Backed Securities ETF makes up 1.8% of Clark Asset Management LLC’s holdings, making the stock its 16th biggest holding. Clark Asset Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $13,059,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in VMBS. LRI Investments LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 138.9% during the first quarter. LRI Investments LLC now owns 731 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 425 shares during the last quarter. Bellevue Asset Management LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF during the second quarter worth about $39,000. Berkshire Money Management Inc. bought a new position in shares of Vanguard Mortgage-Backed Securities ETF during the second quarter worth about $68,000. Oliver Lagore Vanvalin Investment Group bought a new position in shares of Vanguard Mortgage-Backed Securities ETF during the second quarter worth about $80,000. Finally, Headlands Technologies LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 5,697.4% during the first quarter. Headlands Technologies LLC now owns 2,203 shares of the exchange traded fund’s stock worth $102,000 after acquiring an additional 2,165 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of VMBS opened at $47.40 on Tuesday. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $44.65 and a 1 year high of $47.46. The business has a 50-day moving average of $46.94 and a 200-day moving average of $46.23.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were given a dividend of $0.1533 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Wednesday, October 1st.

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).