Valmark Advisers Inc. Raises Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Valmark Advisers Inc. lifted its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 2.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,591,330 shares of the exchange traded fund’s stock after buying an additional 38,378 shares during the period. Vanguard Mortgage-Backed Securities ETF comprises 0.9% of Valmark Advisers Inc.’s portfolio, making the stock its 22nd largest holding. Valmark Advisers Inc. owned about 0.50% of Vanguard Mortgage-Backed Securities ETF worth $74,713,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 4.6% during the 4th quarter. Brighton Jones LLC now owns 7,833 shares of the exchange traded fund’s stock valued at $355,000 after purchasing an additional 347 shares during the last quarter. AQR Capital Management LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF during the first quarter valued at $342,000. Focus Partners Wealth bought a new position in shares of Vanguard Mortgage-Backed Securities ETF during the first quarter valued at $921,000. Baird Financial Group Inc. bought a new stake in Vanguard Mortgage-Backed Securities ETF in the 2nd quarter worth about $210,000. Finally, Brown Advisory Inc. increased its holdings in Vanguard Mortgage-Backed Securities ETF by 26.0% in the 2nd quarter. Brown Advisory Inc. now owns 6,411 shares of the exchange traded fund’s stock worth $297,000 after buying an additional 1,323 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

NASDAQ:VMBS traded down $0.03 during mid-day trading on Friday, reaching $46.44. The company’s stock had a trading volume of 1,081,373 shares, compared to its average volume of 1,631,590. The firm’s fifty day moving average price is $46.66 and its two-hundred day moving average price is $46.98. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $45.69 and a 12-month high of $47.90.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were paid a $0.1645 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

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). 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).