United Asset Strategies Inc. Acquires 64,441 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

United Asset Strategies Inc. boosted its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 24.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 330,999 shares of the exchange traded fund’s stock after purchasing an additional 64,441 shares during the quarter. Vanguard Mortgage-Backed Securities ETF accounts for 1.4% of United Asset Strategies Inc.’s investment portfolio, making the stock its 19th biggest holding. United Asset Strategies Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $15,007,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in VMBS. JPMorgan Chase & Co. raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 26.1% in the third quarter. JPMorgan Chase & Co. now owns 8,581,819 shares of the exchange traded fund’s stock worth $405,148,000 after purchasing an additional 1,777,531 shares during the last quarter. Assetmark Inc. grew its holdings in Vanguard Mortgage-Backed Securities ETF by 2.8% during the third quarter. Assetmark Inc. now owns 7,642,051 shares of the exchange traded fund’s stock worth $360,781,000 after buying an additional 207,604 shares in the last quarter. Stifel Financial Corp raised its position in Vanguard Mortgage-Backed Securities ETF by 3.1% in the 3rd quarter. Stifel Financial Corp now owns 5,627,553 shares of the exchange traded fund’s stock valued at $265,677,000 after buying an additional 171,411 shares during the last quarter. LPL Financial LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF by 3.7% during the 3rd quarter. LPL Financial LLC now owns 5,180,600 shares of the exchange traded fund’s stock valued at $244,576,000 after acquiring an additional 184,105 shares in the last quarter. Finally, Raymond James & Associates boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 102.5% during the 3rd quarter. Raymond James & Associates now owns 3,431,563 shares of the exchange traded fund’s stock worth $162,004,000 after acquiring an additional 1,737,364 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.1 %

NASDAQ VMBS opened at $45.32 on Monday. The company has a fifty day moving average price of $45.57 and a 200-day moving average price of $46.18. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $44.04 and a 1 year high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were given a $0.1522 dividend. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.14. The ex-dividend date of this dividend was Tuesday, December 24th.

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).