UBS Group AG Buys 571,814 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

UBS Group AG boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 63.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,477,107 shares of the exchange traded fund’s stock after acquiring an additional 571,814 shares during the period. UBS Group AG’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $69,542,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. DecisionPoint Financial LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter valued at $25,000. Imprint Wealth LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 3rd quarter valued at $25,000. Tidemark LLC increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 665.4% in the 3rd quarter. Tidemark LLC now owns 796 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 692 shares during the last quarter. Millstone Evans Group LLC increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 103.7% in the 3rd quarter. Millstone Evans Group LLC now owns 829 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 422 shares during the last quarter. Finally, Signaturefd LLC increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 1,067.6% in the 4th quarter. Signaturefd LLC now owns 864 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 790 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.4%

Shares of VMBS opened at $46.59 on Tuesday. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $45.05 and a 52-week high of $47.90. The business’s fifty day moving average is $47.09 and its 200-day moving average is $47.15.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st will be issued a dividend of $0.1609 per share. The ex-dividend date of this dividend is Friday, May 1st.

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). The Index covers the United States agency mortgage-backed, pass-through securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).