Rockefeller Capital Management L.P. Reduces Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Rockefeller Capital Management L.P. decreased its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 4.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 373,097 shares of the exchange traded fund’s stock after selling 18,989 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $17,614,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Raymond James & Associates boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 102.5% during the third quarter. Raymond James & Associates now owns 3,431,563 shares of the exchange traded fund’s stock worth $162,004,000 after buying an additional 1,737,364 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 3.6% during the second quarter. Envestnet Asset Management Inc. now owns 19,115,115 shares of the exchange traded fund’s stock worth $867,826,000 after buying an additional 659,720 shares during the period. Intelligence Driven Advisers LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter worth about $29,555,000. Manning & Napier Advisors LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the second quarter worth about $22,216,000. Finally, Kestra Investment Management LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the second quarter worth about $20,731,000.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.2 %

Shares of VMBS opened at $46.36 on Monday. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.04 and a fifty-two week high of $47.59. The firm has a 50-day simple moving average of $46.23 and a 200-day simple moving average of $46.14.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were paid a dividend of $0.153 per share. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Friday, November 1st. This represents a $1.84 annualized dividend and a dividend yield of 3.96%.

Vanguard Mortgage-Backed Securities ETF 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).