MAS Advisors LLC Has $3.16 Million Stake in Vanguard Mortgage-Backed Securities ETF $VMBS

MAS Advisors LLC lowered its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 28.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 68,260 shares of the exchange traded fund’s stock after selling 27,175 shares during the quarter. Vanguard Mortgage-Backed Securities ETF accounts for about 5.2% of MAS Advisors LLC’s portfolio, making the stock its 5th biggest position. MAS Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $3,163,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Berkshire Money Management Inc. bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the second quarter valued at about $68,000. Merit Financial Group LLC increased its holdings in Vanguard Mortgage-Backed Securities ETF by 18.5% during the second quarter. Merit Financial Group LLC now owns 625,677 shares of the exchange traded fund’s stock worth $28,994,000 after buying an additional 97,794 shares during the last quarter. Simplicity Wealth LLC grew its holdings in Vanguard Mortgage-Backed Securities ETF by 56.3% during the second quarter. Simplicity Wealth LLC now owns 189,343 shares of the exchange traded fund’s stock worth $8,774,000 after purchasing an additional 68,222 shares during the period. OLD National Bancorp IN boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 9.6% during the 2nd quarter. OLD National Bancorp IN now owns 220,270 shares of the exchange traded fund’s stock worth $10,207,000 after acquiring an additional 19,364 shares during the period. Finally, Accel Wealth Management raised its stake in Vanguard Mortgage-Backed Securities ETF by 4.1% in the 2nd quarter. Accel Wealth Management now owns 22,391 shares of the exchange traded fund’s stock valued at $1,038,000 after acquiring an additional 879 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.1%

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $46.97 on Monday. The business has a fifty day simple moving average of $46.64 and a two-hundred day simple moving average of $46.11. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $44.65 and a 1 year high of $47.38.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were paid a dividend of $0.1533 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%.

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).