[ad_1]
Transamerica Financial Advisors Inc. lessened its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 44.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 51,126 shares of the exchange traded fund’s stock after selling 41,437 shares during the period. Transamerica Financial Advisors Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $2,633,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Wells Fargo & Company MN grew its position in Vanguard Mortgage-Backed Securities ETF by 54.4% in the third quarter. Wells Fargo & Company MN now owns 6,670,489 shares of the exchange traded fund’s stock worth $340,195,000 after buying an additional 2,351,274 shares during the last quarter. Fisher Asset Management LLC boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2,281.9% during the 3rd quarter. Fisher Asset Management LLC now owns 1,671,587 shares of the exchange traded fund’s stock valued at $85,251,000 after buying an additional 1,601,407 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 28.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,785,107 shares of the exchange traded fund’s stock valued at $91,772,000 after buying an additional 395,671 shares during the period. IndexIQ Advisors LLC boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 62.4% during the 3rd quarter. IndexIQ Advisors LLC now owns 813,459 shares of the exchange traded fund’s stock valued at $41,486,000 after buying an additional 312,543 shares during the period. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 3.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 9,538,763 shares of the exchange traded fund’s stock valued at $486,477,000 after buying an additional 282,405 shares during the period.
Shares of NASDAQ:VMBS opened at $51.85 on Monday. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $50.19 and a 12-month high of $51.93.
The business also recently announced a monthly dividend, which was paid on Wednesday, February 6th. Shareholders of record on Monday, February 4th were paid a dividend of $0.133 per share. The ex-dividend date was Friday, February 1st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.08%. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.07.
ILLEGAL ACTIVITY NOTICE: “Transamerica Financial Advisors Inc. Trims Stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)” was published by Fairfield Current and is the sole property of of Fairfield Current. If you are accessing this piece on another publication, it was stolen and republished in violation of international copyright and trademark legislation. The correct version of this piece can be accessed at https://www.fairfieldcurrent.com/news/2019/02/25/transamerica-financial-advisors-inc-sells-41437-shares-of-vanguard-mortgage-backed-securities-etf-vmbs.html.
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).
Further Reading: What is the Current Ratio?
Receive News & Ratings for Vanguard Mortgage-Backed Securities ETF Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Vanguard Mortgage-Backed Securities ETF and related companies with MarketBeat.com’s FREE daily email newsletter.
[ad_2]
Source link Google News