Mitsubishi UFJ Asset Management Co. Ltd. Lowers Stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Mitsubishi UFJ Asset Management Co. Ltd. lessened its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 4.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 806,700 shares of the exchange traded fund’s stock after selling 37,300 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $36,455,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Bank of Montreal Can increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 88.3% during the third quarter. Bank of Montreal Can now owns 124,215 shares of the exchange traded fund’s stock worth $5,877,000 after acquiring an additional 58,236 shares during the period. FMR LLC raised its position in Vanguard Mortgage-Backed Securities ETF by 17.2% during the 3rd quarter. FMR LLC now owns 15,647 shares of the exchange traded fund’s stock valued at $739,000 after purchasing an additional 2,297 shares in the last quarter. Financial Counselors Inc. purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 3rd quarter worth $271,000. Acropolis Investment Management LLC grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 5.7% during the 3rd quarter. Acropolis Investment Management LLC now owns 1,563,560 shares of the exchange traded fund’s stock worth $73,816,000 after buying an additional 84,272 shares in the last quarter. Finally, Cobblestone Capital Advisors LLC NY increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 1.8% during the third quarter. Cobblestone Capital Advisors LLC NY now owns 34,400 shares of the exchange traded fund’s stock valued at $1,624,000 after buying an additional 620 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

VMBS stock opened at $46.28 on Friday. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $44.04 and a 1-year high of $47.59. The business has a 50-day moving average price of $45.85 and a 200 day moving average price of $45.98.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were issued a $0.1588 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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).