Seelaus Asset Management LLC Boosts Stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Seelaus Asset Management LLC raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 22.4% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 12,722 shares of the exchange traded fund’s stock after purchasing an additional 2,325 shares during the quarter. Seelaus Asset Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $601,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of VMBS. Empirical Asset Management LLC raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 0.7% during the third quarter. Empirical Asset Management LLC now owns 37,683 shares of the exchange traded fund’s stock valued at $1,779,000 after acquiring an additional 247 shares in the last quarter. Carmichael Hill & Associates Inc. raised its position in Vanguard Mortgage-Backed Securities ETF by 59.7% during the 2nd quarter. Carmichael Hill & Associates Inc. now owns 736 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 275 shares in the last quarter. Concurrent Investment Advisors LLC lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 0.7% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 47,158 shares of the exchange traded fund’s stock worth $2,226,000 after buying an additional 309 shares during the period. AA Financial Advisors LLC grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 5.7% during the 2nd quarter. AA Financial Advisors LLC now owns 6,370 shares of the exchange traded fund’s stock worth $289,000 after buying an additional 343 shares in the last quarter. Finally, Bessemer Group Inc. increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 8.0% during the first quarter. Bessemer Group Inc. now owns 4,710 shares of the exchange traded fund’s stock valued at $215,000 after buying an additional 350 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

VMBS stock opened at $45.55 on Friday. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $44.04 and a 1-year high of $47.59. The business has a 50-day moving average price of $46.52 and a 200 day moving average price of $46.04.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were given a $0.153 dividend. This represents a $1.84 annualized dividend and a dividend yield of 4.03%. The ex-dividend date of this dividend was Friday, November 1st. This is a boost 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).