Vanguard Mortgage-Backed Securities ETF $VMBS Position Raised by Schmidt P J Investment Management Inc.

Schmidt P J Investment Management Inc. increased its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 11.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,787 shares of the exchange traded fund’s stock after purchasing an additional 1,290 shares during the period. Schmidt P J Investment Management Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $593,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in Vanguard Mortgage-Backed Securities ETF by 1.5% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 818,800 shares of the exchange traded fund’s stock worth $37,943,000 after purchasing an additional 12,100 shares in the last quarter. First National Trust Co raised its holdings in Vanguard Mortgage-Backed Securities ETF by 10.0% during the first quarter. First National Trust Co now owns 286,100 shares of the exchange traded fund’s stock worth $13,249,000 after purchasing an additional 26,032 shares in the last quarter. Keystone Global Partners LLC raised its holdings in Vanguard Mortgage-Backed Securities ETF by 28.5% during the second quarter. Keystone Global Partners LLC now owns 180,737 shares of the exchange traded fund’s stock worth $8,375,000 after purchasing an additional 40,078 shares in the last quarter. Certus Wealth Management LLC raised its holdings in Vanguard Mortgage-Backed Securities ETF by 5.1% during the second quarter. Certus Wealth Management LLC now owns 47,029 shares of the exchange traded fund’s stock worth $2,179,000 after purchasing an additional 2,289 shares in the last quarter. Finally, ONE Advisory Partners LLC raised its holdings in Vanguard Mortgage-Backed Securities ETF by 9.0% during the second quarter. ONE Advisory Partners LLC now owns 151,460 shares of the exchange traded fund’s stock worth $6,960,000 after purchasing an additional 12,459 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of NASDAQ:VMBS opened at $47.36 on Monday. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $44.65 and a 12 month high of $47.46. The stock’s 50 day moving average price is $46.91 and its 200 day moving average price is $46.22.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

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

About Vanguard Mortgage-Backed Securities ETF

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).