Transform Wealth LLC Makes New $203,000 Investment in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Transform Wealth LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 4,473 shares of the exchange traded fund’s stock, valued at approximately $203,000.

Other hedge funds also recently added to or reduced their stakes in the company. Bradley & Co. Private Wealth Management LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth about $29,000. Headlands Technologies LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 1st quarter worth approximately $36,000. Addison Advisors LLC boosted its holdings in 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. FSA Wealth Management LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the first quarter valued at $53,000. Finally, SouthState Corp purchased a new position in Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at $57,000.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.2 %

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $46.58 on Tuesday. The firm has a 50-day simple moving average of $45.79 and a two-hundred day simple moving average of $45.36. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $42.06 and a fifty-two week high of $47.31.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were given a dividend of $0.151 per share. This represents a $1.81 dividend on an annualized basis and a dividend yield of 3.89%. The ex-dividend date was Thursday, August 1st.

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).