Quantum Financial Advisors LLC Acquires 6,715 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Quantum Financial Advisors LLC raised its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 2.1% in the third quarter, HoldingsChannel.com reports. The firm owned 329,400 shares of the exchange traded fund’s stock after purchasing an additional 6,715 shares during the quarter. Vanguard Mortgage-Backed Securities ETF comprises approximately 2.4% of Quantum Financial Advisors LLC’s holdings, making the stock its 13th biggest holding. Quantum Financial Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $15,551,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Charles Schwab Investment Advisory Inc. raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 2.2% in 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 in the last quarter. Jane Street Group LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 1st quarter valued at $57,419,000. Envestnet Asset Management Inc. grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 3.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 19,115,115 shares of the exchange traded fund’s stock worth $867,826,000 after purchasing an additional 659,720 shares in the last quarter. First Financial Bankshares Inc bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth $27,716,000. Finally, Manning & Napier Advisors LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF in the second quarter valued at about $22,216,000.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.7 %

VMBS traded down $0.33 on Friday, hitting $46.58. 1,179,595 shares of the stock were exchanged, compared to its average volume of 1,602,634. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $42.06 and a 12 month high of $47.59. The business has a 50-day moving average of $46.95 and a two-hundred day moving average of $45.80.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, October 3rd. Investors of record on Tuesday, October 1st were given a dividend of $0.145 per share. The ex-dividend date was Tuesday, October 1st. This represents a $1.74 annualized dividend and a dividend yield of 3.74%.

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).