Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) is Elite Life Management LLC’s 3rd Largest Position

Elite Life Management LLC increased its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 16.3% in the first quarter, Holdings Channel.com reports. The firm owned 35,600 shares of the exchange traded fund’s stock after acquiring an additional 5,000 shares during the period. Vanguard Mortgage-Backed Securities ETF makes up approximately 7.9% of Elite Life Management LLC’s investment portfolio, making the stock its 3rd biggest position. Elite Life Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $1,624,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in the business. Sugarloaf Wealth Management LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at $27,000. Bradley & Co. Private Wealth Management LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at $29,000. Headlands Technologies LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF during the 1st quarter valued at $36,000. Addison Advisors LLC raised its holdings in Vanguard Mortgage-Backed Securities ETF by 44.6% during the 4th quarter. Addison Advisors LLC now owns 849 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 262 shares during the last quarter. Finally, SouthState Corp bought a new position in Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth $57,000.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.3 %

NASDAQ VMBS traded down $0.12 during trading on Thursday, hitting $45.98. The company had a trading volume of 3,897,697 shares, compared to its average volume of 1,507,291. Vanguard Mortgage-Backed Securities ETF has a one year low of $42.06 and a one year high of $46.59. The company’s fifty day moving average is $45.37 and its 200-day moving average is $45.33.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

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

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).