Veery Capital LLC Has $551,000 Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Veery Capital LLC lowered its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 12.0% during the first quarter, HoldingsChannel reports. The firm owned 12,087 shares of the exchange traded fund’s stock after selling 1,652 shares during the quarter. Veery Capital LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $551,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Envestnet Asset Management Inc. raised its position in Vanguard Mortgage-Backed Securities ETF by 7.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 17,498,487 shares of the exchange traded fund’s stock valued at $811,230,000 after buying an additional 1,138,921 shares during the last quarter. JPMorgan Chase & Co. raised its position in Vanguard Mortgage-Backed Securities ETF by 4.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,466,869 shares of the exchange traded fund’s stock valued at $458,238,000 after buying an additional 480,055 shares during the last quarter. Assetmark Inc. raised its position in Vanguard Mortgage-Backed Securities ETF by 1.8% in the 4th quarter. Assetmark Inc. now owns 6,303,927 shares of the exchange traded fund’s stock valued at $292,250,000 after buying an additional 110,739 shares during the last quarter. Morningstar Investment Services LLC raised its position in Vanguard Mortgage-Backed Securities ETF by 200.4% in the 4th quarter. Morningstar Investment Services LLC now owns 5,292,600 shares of the exchange traded fund’s stock valued at $245,629,000 after buying an additional 3,531,000 shares during the last quarter. Finally, Mather Group LLC. raised its position in Vanguard Mortgage-Backed Securities ETF by 4.4% in the 4th quarter. Mather Group LLC. now owns 3,155,459 shares of the exchange traded fund’s stock valued at $146,287,000 after buying an additional 133,685 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.6 %

Vanguard Mortgage-Backed Securities ETF stock traded up $0.25 during midday trading on Thursday, reaching $45.26. The stock had a trading volume of 759,167 shares, compared to its average volume of 1,507,875. The firm’s fifty day simple moving average is $45.10 and its 200-day simple moving average is $45.36. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $42.06 and a 1-year high of $46.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, July 3rd. Investors of record on Monday, July 1st were given a $0.151 dividend. This represents a $1.81 dividend on an annualized basis and a yield of 4.00%. The ex-dividend date of this dividend was Monday, July 1st. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15.

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).