Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Sold by Bard Associates Inc.

Bard Associates Inc. cut its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 6.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 41,880 shares of the exchange traded fund’s stock after selling 2,733 shares during the period. Bard Associates Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $1,899,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Morningstar Investment Management LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth approximately $116,296,000. Kovitz Investment Group Partners LLC boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 976.7% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 2,036,034 shares of the exchange traded fund’s stock worth $95,912,000 after buying an additional 1,846,939 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Vanguard Mortgage-Backed Securities ETF by 26.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 8,581,819 shares of the exchange traded fund’s stock valued at $405,148,000 after acquiring an additional 1,777,531 shares during the last quarter. Intelligence Driven Advisers LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at about $29,555,000. Finally, BlueStem Wealth Partners LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at about $27,905,000.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.2 %

Shares of NASDAQ VMBS opened at $46.41 on Tuesday. The firm’s 50-day moving average is $45.48 and its two-hundred day moving average is $46.10. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $44.04 and a 12-month high of $47.59.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, March 5th. Investors of record on Monday, March 3rd will be paid a $0.1588 dividend. The ex-dividend date of this dividend is Monday, March 3rd.

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).