Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Acquired by Richardson Financial Services Inc.

Richardson Financial Services Inc. grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 59.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,360 shares of the exchange traded fund’s stock after buying an additional 2,380 shares during the period. Richardson Financial Services Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $293,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Asset Dedication LLC grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 3,666.7% during the second quarter. Asset Dedication LLC now owns 565 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 550 shares in the last quarter. Carmichael Hill & Associates Inc. boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 59.7% in the second quarter. Carmichael Hill & Associates Inc. now owns 736 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 275 shares during the period. Headlands Technologies LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF in the 1st quarter valued at approximately $36,000. Castleview Partners LLC increased its stake in Vanguard Mortgage-Backed Securities ETF by 531.9% in the third quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 734 shares during the period. Finally, Armstrong Advisory Group Inc. acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter worth approximately $45,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

Vanguard Mortgage-Backed Securities ETF stock traded down $0.05 during mid-day trading on Friday, hitting $45.96. The stock had a trading volume of 1,357,513 shares, compared to its average volume of 1,612,284. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $42.40 and a 12 month high of $47.59. The stock has a 50-day simple moving average of $46.89 and a two-hundred day simple moving average of $45.91.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Tuesday, October 1st were given a dividend of $0.145 per share. The ex-dividend date was Tuesday, October 1st. This represents a $1.74 dividend on an annualized basis and a dividend yield of 3.79%.

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).