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Landsberg Bennett & Dubbaneh LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 50,860 shares of the exchange traded fund’s stock, valued at approximately $2,619,000. Vanguard Mortgage-Backed Securities ETF comprises about 1.0% of Landsberg Bennett & Dubbaneh LLC’s portfolio, making the stock its 22nd largest holding.
Other large investors have also recently modified their holdings of the company. Carroll Financial Associates Inc. raised its stake in Vanguard Mortgage-Backed Securities ETF by 35.8% in the fourth quarter. Carroll Financial Associates Inc. now owns 778 shares of the exchange traded fund’s stock worth $40,000 after buying an additional 205 shares in the last quarter. Centaurus Financial Inc. bought a new position in Vanguard Mortgage-Backed Securities ETF in the second quarter worth about $114,000. Advisors Asset Management Inc. raised its stake in Vanguard Mortgage-Backed Securities ETF by 161.6% in the third quarter. Advisors Asset Management Inc. now owns 2,548 shares of the exchange traded fund’s stock worth $130,000 after buying an additional 1,574 shares in the last quarter. Vigilant Capital Management LLC bought a new position in Vanguard Mortgage-Backed Securities ETF in the third quarter worth about $131,000. Finally, Flagship Harbor Advisors LLC raised its stake in Vanguard Mortgage-Backed Securities ETF by 85.5% in the third quarter. Flagship Harbor Advisors LLC now owns 3,377 shares of the exchange traded fund’s stock worth $172,000 after buying an additional 1,557 shares in the last quarter.
VMBS stock traded down $0.11 during trading on Friday, reaching $51.44. The company had a trading volume of 352,115 shares, compared to its average volume of 1,008,577. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $50.19 and a 52 week high of $52.18.
The firm also recently disclosed a monthly dividend, which was paid on Friday, December 28th. Shareholders of record on Wednesday, December 26th were issued a $0.14 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 3.27%. The ex-dividend date was Monday, December 24th. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.07.
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About Vanguard Mortgage-Backed Securities ETF
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).
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