B. Riley Wealth Advisors Inc. Boosts Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

B. Riley Wealth Advisors Inc. grew its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 27.3% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 130,591 shares of the exchange traded fund’s stock after purchasing an additional 27,990 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $5,717,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bradley & Co. Private Wealth Management LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth approximately $29,000. Headlands Technologies LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the 1st quarter worth $36,000. Addison Advisors LLC grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 44.6% during the fourth quarter. Addison Advisors LLC now owns 849 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 262 shares in the last quarter. SouthState Corp purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth $57,000. Finally, Citigroup Inc. lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 194.0% in the third quarter. Citigroup Inc. now owns 1,379 shares of the exchange traded fund’s stock worth $60,000 after buying an additional 910 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.6 %

Shares of Vanguard Mortgage-Backed Securities ETF stock traded up $0.26 on Wednesday, hitting $46.37. 1,849,049 shares of the company were exchanged, compared to its average volume of 1,506,670. The company has a 50-day moving average price of $45.49 and a 200 day moving average price of $45.31. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $42.06 and a 1-year high of $46.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st were given a dividend of $0.151 per share. This represents a $1.81 annualized dividend and a dividend yield of 3.91%. The ex-dividend date of this dividend was Monday, July 1st. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15.

About Vanguard Mortgage-Backed Securities ETF

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).