Hobart Private Capital LLC Lowers Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

Hobart Private Capital LLC trimmed its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 3.7% during the 2nd quarter, Holdings Channel reports. The fund owned 151,598 shares of the exchange traded fund’s stock after selling 5,849 shares during the period. Vanguard Mortgage-Backed Securities ETF makes up approximately 1.6% of Hobart Private Capital LLC’s investment portfolio, making the stock its 21st biggest position. Hobart Private Capital LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $7,025,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of VMBS. LRI Investments LLC raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 138.9% during the 1st quarter. LRI Investments LLC now owns 731 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 425 shares in the last quarter. Bellevue Asset Management LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 2nd quarter worth approximately $39,000. Berkshire Money Management Inc. purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 2nd quarter worth approximately $68,000. Oliver Lagore Vanvalin Investment Group purchased a new stake in Vanguard Mortgage-Backed Securities ETF during the 2nd quarter valued at $80,000. Finally, Headlands Technologies LLC raised its holdings in Vanguard Mortgage-Backed Securities ETF by 5,697.4% during the 1st quarter. Headlands Technologies LLC now owns 2,203 shares of the exchange traded fund’s stock valued at $102,000 after buying an additional 2,165 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ:VMBS opened at $47.36 on Friday. The stock’s fifty day moving average is $46.91 and its 200 day moving average is $46.21. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.65 and a fifty-two week high of $47.46.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

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

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).