Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) is Park Avenue Institutional Advisers LLC’s 2nd Largest Position

Park Avenue Institutional Advisers LLC lessened its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 29.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 295,500 shares of the exchange traded fund’s stock after selling 125,500 shares during the quarter. Vanguard Mortgage-Backed Securities ETF makes up about 48.9% of Park Avenue Institutional Advisers LLC’s portfolio, making the stock its 2nd biggest holding. Park Avenue Institutional Advisers LLC owned 0.08% of Vanguard Mortgage-Backed Securities ETF worth $13,699,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VMBS. Sugarloaf Wealth Management LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth $27,000. Citigroup Inc. boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 194.0% during the 3rd quarter. Citigroup Inc. now owns 1,379 shares of the exchange traded fund’s stock valued at $60,000 after acquiring an additional 910 shares during the last quarter. City Holding Co. acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at about $61,000. Larson Financial Group LLC boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 72.7% during the 3rd quarter. Larson Financial Group LLC now owns 1,912 shares of the exchange traded fund’s stock valued at $84,000 after acquiring an additional 805 shares during the last quarter. Finally, BluePath Capital Management LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at about $90,000.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.3 %

Shares of VMBS stock traded up $0.15 on Tuesday, hitting $44.52. 1,189,470 shares of the stock traded hands, compared to its average volume of 1,696,410. The firm’s 50-day moving average price is $45.18 and its two-hundred day moving average price is $44.96. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $42.06 and a twelve month high of $47.04.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were given a $0.1462 dividend. The ex-dividend date was Monday, April 1st. This represents a $1.75 dividend on an annualized basis and a yield of 3.94%. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.14.

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).