Osaic Holdings Inc. Has $44.75 Million Position in Vanguard Mortgage-Backed Securities ETF $VMBS

by · The Markets Daily

Osaic Holdings Inc. lifted its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS – Free Report) by 114.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 965,523 shares of the exchange traded fund’s stock after buying an additional 514,439 shares during the period. Osaic Holdings Inc. owned about 0.31% of Vanguard Mortgage-Backed Securities ETF worth $44,750,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Bank of America Corp DE boosted its position in Vanguard Mortgage-Backed Securities ETF by 1.2% during the 2nd quarter. Bank of America Corp DE now owns 53,150,304 shares of the exchange traded fund’s stock worth $2,462,985,000 after acquiring an additional 643,509 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 2.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 49,670,899 shares of the exchange traded fund’s stock valued at $2,301,750,000 after purchasing an additional 964,005 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 1.1% in the second quarter. Envestnet Asset Management Inc. now owns 21,081,488 shares of the exchange traded fund’s stock worth $976,908,000 after purchasing an additional 221,237 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 0.3% during the second quarter. Bank of New York Mellon Corp now owns 10,082,461 shares of the exchange traded fund’s stock worth $467,221,000 after purchasing an additional 31,772 shares during the period. Finally, Assetmark Inc. boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 3.9% during the second quarter. Assetmark Inc. now owns 8,614,281 shares of the exchange traded fund’s stock worth $399,186,000 after purchasing an additional 321,293 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.1%

Shares of VMBS opened at $47.04 on Tuesday. The company’s 50 day moving average price is $47.13 and its 200 day moving average price is $46.59. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.65 and a 52 week high of $47.46.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 3rd. Stockholders of record on Monday, December 1st were paid a $0.1615 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

Vanguard Mortgage-Backed Securities ETF Profile

(Free Report)

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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