Sterling Investment Management LLC Has $10.68 Million Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Sterling Investment Management LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 0.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 230,388 shares of the exchange traded fund’s stock after acquiring an additional 1,899 shares during the period. Vanguard Mortgage-Backed Securities ETF makes up 7.1% of Sterling Investment Management LLC’s portfolio, making the stock its 3rd biggest holding. Sterling Investment Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $10,676,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Southland Equity Partners LLC boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 2.1% during the second quarter. Southland Equity Partners LLC now owns 10,767 shares of the exchange traded fund’s stock valued at $499,000 after acquiring an additional 220 shares during the period. Richardson Financial Services Inc. raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 5.7% during the second quarter. Richardson Financial Services Inc. now owns 4,730 shares of the exchange traded fund’s stock valued at $219,000 after buying an additional 254 shares during the last quarter. Stephens Inc. AR raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 1.1% during the second quarter. Stephens Inc. AR now owns 23,363 shares of the exchange traded fund’s stock valued at $1,083,000 after buying an additional 265 shares during the last quarter. Quest 10 Wealth Builders Inc. raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 1.7% during the first quarter. Quest 10 Wealth Builders Inc. now owns 16,096 shares of the exchange traded fund’s stock valued at $745,000 after buying an additional 266 shares during the last quarter. Finally, Elequin Capital LP raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 14.2% during the first quarter. Elequin Capital LP now owns 2,604 shares of the exchange traded fund’s stock valued at $121,000 after buying an additional 323 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.2%

Shares of VMBS opened at $47.43 on Wednesday. The company has a 50-day simple moving average of $46.85 and a 200-day simple moving average of $46.18. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.65 and a 52 week high of $47.46.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

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