Inspire Advisors LLC Has $673,000 Stock Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Inspire Advisors LLC raised its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 37.0% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 14,761 shares of the exchange traded fund’s stock after purchasing an additional 3,986 shares during the period. Inspire Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $673,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Pallas Capital Advisors LLC boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 18.2% in the 4th quarter. Pallas Capital Advisors LLC now owns 460,795 shares of the exchange traded fund’s stock worth $21,362,000 after buying an additional 70,816 shares during the last quarter. Schmidt P J Investment Management Inc. purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth approximately $390,000. Avaii Wealth Management LLC boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 12.9% in the 4th quarter. Avaii Wealth Management LLC now owns 6,455 shares of the exchange traded fund’s stock worth $299,000 after buying an additional 737 shares during the last quarter. Kovitz Investment Group Partners LLC boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 28.4% in the 4th quarter. Kovitz Investment Group Partners LLC now owns 141,148 shares of the exchange traded fund’s stock worth $6,544,000 after buying an additional 31,248 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 0.7% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 831,000 shares of the exchange traded fund’s stock worth $38,525,000 after purchasing an additional 6,000 shares during the period.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.2 %

Shares of NASDAQ:VMBS traded up $0.08 during mid-day trading on Tuesday, reaching $45.95. The company had a trading volume of 1,219,000 shares, compared to its average volume of 1,482,290. The company’s 50-day moving average price is $45.30 and its 200-day moving average price is $45.32. Vanguard Mortgage-Backed Securities ETF has a one year low of $42.06 and a one year high of $46.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, July 3rd. Shareholders of record on Monday, July 1st were issued a dividend of $0.151 per share. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Monday, July 1st. This represents a $1.81 dividend on an annualized basis and a yield of 3.94%.

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).