Mercer Global Advisors Inc. ADV Sells 101,492 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Mercer Global Advisors Inc. ADV trimmed its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 29.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 244,375 shares of the exchange traded fund’s stock after selling 101,492 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $11,080,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in VMBS. JPMorgan Chase & Co. raised its stake in Vanguard Mortgage-Backed Securities ETF by 442.0% in the fourth quarter. JPMorgan Chase & Co. now owns 46,510,374 shares of the exchange traded fund’s stock worth $2,108,780,000 after buying an additional 37,928,555 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 1.7% in the 4th quarter. Bank of New York Mellon Corp now owns 10,292,783 shares of the exchange traded fund’s stock worth $466,675,000 after acquiring an additional 169,602 shares in the last quarter. Assetmark Inc. lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 6.2% during the 4th quarter. Assetmark Inc. now owns 8,115,991 shares of the exchange traded fund’s stock worth $367,979,000 after purchasing an additional 473,940 shares during the last quarter. LPL Financial LLC boosted its position in Vanguard Mortgage-Backed Securities ETF by 16.7% during the fourth quarter. LPL Financial LLC now owns 6,047,503 shares of the exchange traded fund’s stock valued at $274,194,000 after purchasing an additional 866,903 shares in the last quarter. Finally, Stifel Financial Corp grew its stake in Vanguard Mortgage-Backed Securities ETF by 0.6% in the fourth quarter. Stifel Financial Corp now owns 5,664,014 shares of the exchange traded fund’s stock valued at $256,807,000 after purchasing an additional 36,461 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.6 %

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $45.73 on Friday. Vanguard Mortgage-Backed Securities ETF has a one year low of $44.48 and a one year high of $47.59. The company has a 50-day simple moving average of $46.02 and a two-hundred day simple moving average of $45.79.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, May 5th. Investors of record on Thursday, May 1st will be given a dividend of $0.1977 per share. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16. The ex-dividend date is Thursday, May 1st. This represents a $2.37 dividend on an annualized basis and a yield of 5.19%.

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).