Pallas Capital Advisors LLC Has $27.73 Million Stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Pallas Capital Advisors LLC lifted its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 0.4% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 611,565 shares of the exchange traded fund’s stock after purchasing an additional 2,425 shares during the period. Vanguard Mortgage-Backed Securities ETF comprises approximately 1.2% of Pallas Capital Advisors LLC’s holdings, making the stock its 10th biggest position. Pallas Capital Advisors LLC owned approximately 0.14% of Vanguard Mortgage-Backed Securities ETF worth $27,728,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Miracle Mile Advisors LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 19.1% in the fourth quarter. Miracle Mile Advisors LLC now owns 208,724 shares of the exchange traded fund’s stock worth $9,464,000 after acquiring an additional 33,535 shares during the period. Elevated Capital Advisors LLC lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 70.1% in the fourth quarter. Elevated Capital Advisors LLC now owns 88,192 shares of the exchange traded fund’s stock worth $3,999,000 after buying an additional 36,350 shares in the last quarter. Parkside Advisors LLC grew its stake in Vanguard Mortgage-Backed Securities ETF by 5.7% during the 4th quarter. Parkside Advisors LLC now owns 556,905 shares of the exchange traded fund’s stock valued at $25,250,000 after acquiring an additional 30,207 shares in the last quarter. Brookstone Capital Management raised its holdings in Vanguard Mortgage-Backed Securities ETF by 5.4% in the 4th quarter. Brookstone Capital Management now owns 98,820 shares of the exchange traded fund’s stock valued at $4,481,000 after acquiring an additional 5,062 shares during the last quarter. Finally, City State Bank boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 2.3% during the 4th quarter. City State Bank now owns 45,867 shares of the exchange traded fund’s stock worth $2,080,000 after purchasing an additional 1,030 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.2 %

Shares of VMBS traded down $0.09 during mid-day trading on Monday, reaching $44.68. The company’s stock had a trading volume of 3,110,466 shares, compared to its average volume of 2,043,452. The company’s 50 day moving average is $45.67 and its 200 day moving average is $46.20. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $44.04 and a 12-month high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were paid a dividend of $0.1522 per share. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.14. The ex-dividend date 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).