Leavell Investment Management Inc. Buys 12,346 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

Leavell Investment Management Inc. boosted its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 45.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,763 shares of the exchange traded fund’s stock after purchasing an additional 12,346 shares during the quarter. Leavell Investment Management Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $1,843,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. LRI Investments LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 138.9% in the 1st quarter. LRI Investments LLC now owns 731 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 425 shares during the last quarter. Bellevue Asset Management LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF in the second quarter worth $39,000. Berkshire Money Management Inc. bought a new position in Vanguard Mortgage-Backed Securities ETF in the second quarter valued at $68,000. Oliver Lagore Vanvalin Investment Group bought a new position in Vanguard Mortgage-Backed Securities ETF in the second quarter valued at $80,000. Finally, Headlands Technologies LLC raised its position in Vanguard Mortgage-Backed Securities ETF by 5,697.4% during the first quarter. Headlands Technologies LLC now owns 2,203 shares of the exchange traded fund’s stock valued at $102,000 after purchasing an additional 2,165 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.2%

Shares of VMBS stock opened at $47.36 on Friday. The business has a 50-day moving average price of $46.91 and a two-hundred day moving average price of $46.22. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $44.65 and a 12-month high of $47.46.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st were paid a $0.1533 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a 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).