Parallel Advisors LLC Has $329,000 Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Parallel Advisors LLC lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 412.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,221 shares of the exchange traded fund’s stock after purchasing an additional 5,006 shares during the quarter. Parallel Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $329,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VMBS. GWM Advisors LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 12.5% during the first quarter. GWM Advisors LLC now owns 31,125 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 3,459 shares during the period. AlphaMark Advisors LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the second quarter worth about $37,000. Camarda Financial Advisors LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the first quarter worth about $39,000. Valeo Financial Advisors LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 928.6% during the second quarter. Valeo Financial Advisors LLC now owns 936 shares of the exchange traded fund’s stock worth $49,000 after purchasing an additional 845 shares during the period. Finally, Enterprise Financial Services Corp acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the first quarter worth about $91,000.

Shares of NASDAQ VMBS traded up $0.07 during mid-day trading on Friday, reaching $53.13. 46,740 shares of the company’s stock were exchanged, compared to its average volume of 837,958. The business has a fifty day simple moving average of $52.93 and a 200 day simple moving average of $52.35. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $50.19 and a twelve month high of $53.17.

The firm also recently declared a monthly dividend, which was paid on Tuesday, August 6th. Stockholders of record on Friday, August 2nd were given a dividend of $0.133 per share. The ex-dividend date was Thursday, August 1st. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.00%. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.07.

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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Institutional Ownership by Quarter for Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

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