Family CFO Inc Raises Stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Family CFO Inc lifted its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 11.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 261,968 shares of the exchange traded fund’s stock after buying an additional 27,711 shares during the period. Vanguard Mortgage-Backed Securities ETF comprises 6.5% of Family CFO Inc’s portfolio, making the stock its 5th largest holding. Family CFO Inc owned about 0.06% of Vanguard Mortgage-Backed Securities ETF worth $11,878,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VMBS. Kovitz Investment Group Partners LLC raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 976.7% during the third quarter. Kovitz Investment Group Partners LLC now owns 2,036,034 shares of the exchange traded fund’s stock valued at $95,912,000 after purchasing an additional 1,846,939 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in Vanguard Mortgage-Backed Securities ETF by 26.1% during the third quarter. JPMorgan Chase & Co. now owns 8,581,819 shares of the exchange traded fund’s stock valued at $405,148,000 after buying an additional 1,777,531 shares during the last quarter. Raymond James & Associates increased its holdings in Vanguard Mortgage-Backed Securities ETF by 102.5% during the third quarter. Raymond James & Associates now owns 3,431,563 shares of the exchange traded fund’s stock valued at $162,004,000 after buying an additional 1,737,364 shares during the last quarter. Intelligence Driven Advisers LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF during the third quarter valued at approximately $29,555,000. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in Vanguard Mortgage-Backed Securities ETF by 63.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,266,633 shares of the exchange traded fund’s stock valued at $59,798,000 after buying an additional 489,804 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.4 %

Shares of VMBS stock opened at $45.73 on Friday. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $44.04 and a 12 month high of $47.59. The company has a 50 day simple moving average of $45.44 and a two-hundred day simple moving average of $46.15.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.1598 per share. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.15. The ex-dividend date was Monday, February 3rd.

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).