Flputnam Investment Management Co. Trims Stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Flputnam Investment Management Co. cut its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 7.5% in the fourth quarter, according to the company in its most recent 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.

Several other hedge funds also recently added to or reduced their stakes in VMBS. Truvestments Capital LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at $35,000. POM Investment Strategies LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at $37,000. Centennial Bank AR grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 875.2% in the third quarter. Centennial Bank AR now owns 2,360 shares of the exchange traded fund’s stock worth $111,000 after purchasing an additional 2,118 shares during the last quarter. Appleton Partners Inc. MA purchased a new position in Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth about $204,000. Finally, Money Concepts Capital Corp purchased a new position in Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth about $205,000.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.2 %

Shares of NASDAQ VMBS opened at $46.41 on Tuesday. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $44.04 and a 52-week high of $47.59. The stock has a 50 day moving average price of $45.48 and a 200 day moving average price of $46.10.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd will be issued a $0.1588 dividend. The ex-dividend date is Monday, March 3rd.

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).