Clearstead Advisors LLC Acquires 196,934 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

Clearstead Advisors LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 7.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 2,747,637 shares of the exchange traded fund’s stock after acquiring an additional 196,934 shares during the period. Vanguard Mortgage-Backed Securities ETF comprises 1.6% of Clearstead Advisors LLC’s portfolio, making the stock its 11th biggest position. Clearstead Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $129,359,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of VMBS. Bank of America Corp DE boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 8.4% in the third quarter. Bank of America Corp DE now owns 57,618,720 shares of the exchange traded fund’s stock valued at $2,705,775,000 after purchasing an additional 4,468,416 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 2.5% in the third quarter. JPMorgan Chase & Co. now owns 50,924,140 shares of the exchange traded fund’s stock valued at $2,391,398,000 after purchasing an additional 1,253,241 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 5.4% in the third quarter. Envestnet Asset Management Inc. now owns 22,220,955 shares of the exchange traded fund’s stock valued at $1,043,496,000 after purchasing an additional 1,139,467 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 2.5% in the third quarter. Bank of New York Mellon Corp now owns 10,336,243 shares of the exchange traded fund’s stock valued at $485,390,000 after purchasing an additional 253,782 shares during the period. Finally, Assetmark Inc. boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 2.6% in the third quarter. Assetmark Inc. now owns 8,839,027 shares of the exchange traded fund’s stock valued at $415,081,000 after purchasing an additional 224,746 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of NASDAQ VMBS opened at $46.57 on Monday. The stock has a 50 day moving average price of $46.85 and a 200 day moving average price of $47.09. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $45.21 and a 52-week high of $47.90.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were issued a $0.1609 dividend. The ex-dividend date was 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).