Leavell Investment Management Inc. Cuts Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Leavell Investment Management Inc. decreased its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 3.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 29,142 shares of the exchange traded fund’s stock after selling 983 shares during the quarter. Leavell Investment Management Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $1,321,000 at the end of the most recent reporting period.

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

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS stock opened at $45.25 on Thursday. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.04 and a 52 week high of $47.59. The firm has a 50-day simple moving average of $45.48 and a 200-day simple moving average of $46.16.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.1598 per share. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.15. The ex-dividend date was Monday, February 3rd.

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).