Alternative Investment Advisors LLC. Increases Stock Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Alternative Investment Advisors LLC. raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 266.3% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 28,654 shares of the exchange traded fund’s stock after acquiring an additional 20,831 shares during the quarter. Vanguard Mortgage-Backed Securities ETF accounts for approximately 0.7% of Alternative Investment Advisors LLC.’s investment portfolio, making the stock its 25th biggest position. Alternative Investment Advisors LLC.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $1,353,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Asset Dedication LLC increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 3,666.7% during the 2nd quarter. Asset Dedication LLC now owns 565 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 550 shares during the last quarter. Carmichael Hill & Associates Inc. raised its stake in Vanguard Mortgage-Backed Securities ETF by 59.7% during the 2nd quarter. Carmichael Hill & Associates Inc. now owns 736 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 275 shares during the period. Truvestments Capital LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the third quarter valued at approximately $35,000. Castleview Partners LLC lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 531.9% during the third quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 734 shares in the last quarter. Finally, Armstrong Advisory Group Inc. bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the third quarter worth approximately $45,000.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.3 %

Shares of VMBS stock traded down $0.16 on Friday, hitting $45.79. 244,854 shares of the stock traded hands, compared to its average volume of 1,739,995. The firm has a 50 day simple moving average of $46.05 and a two-hundred day simple moving average of $46.19. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.04 and a 52 week high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were paid a $0.153 dividend. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date was Friday, November 1st. This represents a $1.84 dividend on an annualized basis and a dividend yield of 4.01%.

Vanguard Mortgage-Backed Securities ETF Company 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).