PNC Financial Services Group Inc. lessened its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS – Free Report) by 17.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 136,263 shares of the exchange traded fund’s stock after selling 29,131 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $6,415,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in VMBS. DecisionPoint Financial LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter valued at about $25,000. Imprint Wealth LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 3rd quarter valued at about $25,000. MilWealth Group LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter valued at about $30,000. Tidemark LLC boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 665.4% in the 3rd quarter. Tidemark LLC now owns 796 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 692 shares during the period. Finally, SBI Securities Co. Ltd. boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 80.2% in the 4th quarter. SBI Securities Co. Ltd. now owns 820 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 365 shares during the period.
Vanguard Mortgage-Backed Securities ETF Stock Performance
Shares of VMBS opened at $46.57 on Monday. The stock has a 50-day simple moving average of $46.85 and a 200-day simple moving average of $47.09. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $45.21 and a 1 year high of $47.90.
Vanguard Mortgage-Backed Securities ETF Cuts Dividend
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).
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Want to see what other hedge funds are holding VMBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS – Free Report).
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