Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Sold by Flputnam Investment Management Co.

Flputnam Investment Management Co. trimmed its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 7.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,425 shares of the exchange traded fund’s stock after selling 437 shares during the period. Flputnam Investment Management Co.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $246,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Veridan Wealth LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth approximately $2,262,000. Hilltop Partners LLC lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 12.3% in the 4th quarter. Hilltop Partners LLC now owns 83,936 shares of the exchange traded fund’s stock valued at $3,806,000 after purchasing an additional 9,169 shares during the period. Lake Street Advisors Group LLC lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 46.3% in the 4th quarter. Lake Street Advisors Group LLC now owns 6,420 shares of the exchange traded fund’s stock valued at $291,000 after purchasing an additional 2,031 shares during the period. Sofi Wealth LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth $453,000. Finally, Bank of New York Mellon Corp grew its position in Vanguard Mortgage-Backed Securities ETF by 1.7% during the fourth quarter. Bank of New York Mellon Corp now owns 10,292,783 shares of the exchange traded fund’s stock valued at $466,675,000 after buying an additional 169,602 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.2 %

VMBS opened at $46.41 on Tuesday. The company has a fifty day moving average of $45.48 and a two-hundred day moving average of $46.10. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.04 and a fifty-two week high of $47.59.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently declared 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 is 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).