Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Sold by MML Investors Services LLC

MML Investors Services LLC lowered its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 2.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 542,732 shares of the exchange traded fund’s stock after selling 14,823 shares during the quarter. MML Investors Services LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $24,607,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VMBS. Legacy Investment Solutions LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 519.1% in the 4th quarter. Legacy Investment Solutions LLC now owns 551 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 462 shares during the period. POM Investment Strategies LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth about $37,000. GeoWealth Management LLC lifted its position in Vanguard Mortgage-Backed Securities ETF by 264.0% during the fourth quarter. GeoWealth Management LLC now owns 1,052 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 763 shares in the last quarter. National Bank of Canada FI lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 290.7% during the 4th quarter. National Bank of Canada FI now owns 1,465 shares of the exchange traded fund’s stock valued at $66,000 after acquiring an additional 1,090 shares in the last quarter. Finally, Murphy & Mullick Capital Management Corp purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth about $73,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of VMBS stock opened at $45.43 on Tuesday. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $44.06 and a twelve month high of $47.59. The firm has a fifty day simple moving average of $45.99 and a 200-day simple moving average of $45.81.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were given a $0.164 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $1.97 annualized dividend and a dividend yield of 4.33%. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15.

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).