Mitsubishi UFJ Asset Management Co. Ltd. Sells 37,300 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Mitsubishi UFJ Asset Management Co. Ltd. trimmed its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 4.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 806,700 shares of the exchange traded fund’s stock after selling 37,300 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.19% of Vanguard Mortgage-Backed Securities ETF worth $36,455,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth approximately $199,949,000. Wealthfront Advisers LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth $140,368,000. Morningstar Investment Management LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth $116,296,000. Kovitz Investment Group Partners LLC increased its position in Vanguard Mortgage-Backed Securities ETF by 976.7% during the third quarter. Kovitz Investment Group Partners LLC now owns 2,036,034 shares of the exchange traded fund’s stock valued at $95,912,000 after acquiring an additional 1,846,939 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in Vanguard Mortgage-Backed Securities ETF by 26.1% during the third quarter. JPMorgan Chase & Co. now owns 8,581,819 shares of the exchange traded fund’s stock valued at $405,148,000 after acquiring an additional 1,777,531 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of VMBS opened at $46.28 on Friday. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $44.04 and a twelve month high of $47.59. The company’s fifty day simple moving average is $45.85 and its 200-day simple moving average is $45.98.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a $0.1588 dividend. The ex-dividend date was 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).