Hsbc Holdings PLC Lowers Stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Hsbc Holdings PLC lessened its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 8.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 66,640 shares of the exchange traded fund’s stock after selling 6,521 shares during the quarter. Hsbc Holdings PLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $3,025,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in VMBS. Morningstar Investment Services LLC grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 200.4% during the 4th quarter. Morningstar Investment Services LLC now owns 5,292,600 shares of the exchange traded fund’s stock valued at $245,629,000 after purchasing an additional 3,531,000 shares during the last quarter. Charles Schwab Investment Advisory Inc. grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.2% during the first quarter. Charles Schwab Investment Advisory Inc. now owns 134,995,733 shares of the exchange traded fund’s stock valued at $6,157,155,000 after buying an additional 2,856,614 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 27.4% in the first quarter. Bank of New York Mellon Corp now owns 9,976,201 shares of the exchange traded fund’s stock worth $455,015,000 after buying an additional 2,143,081 shares during the period. Jane Street Group LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF in the first quarter worth about $57,419,000. Finally, Envestnet Asset Management Inc. lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 7.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 17,498,487 shares of the exchange traded fund’s stock valued at $811,230,000 after acquiring an additional 1,138,921 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

VMBS opened at $47.20 on Thursday. The stock’s 50 day simple moving average is $46.76 and its 200 day simple moving average is $45.72. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $42.06 and a 1 year high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were issued a $0.154 dividend. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Tuesday, September 3rd. This represents a $1.85 annualized dividend and a dividend yield of 3.92%.

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).