Nwam LLC Invests $243,000 in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Nwam LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the third quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 5,149 shares of the exchange traded fund’s stock, valued at approximately $243,000.

A number of other large investors also recently bought and sold shares of the business. Asset Dedication LLC increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 3,666.7% during the second quarter. Asset Dedication LLC now owns 565 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 550 shares in the last quarter. Carmichael Hill & Associates Inc. increased its position in Vanguard Mortgage-Backed Securities ETF by 59.7% during the 2nd quarter. Carmichael Hill & Associates Inc. now owns 736 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 275 shares in the last quarter. Castleview Partners LLC increased its position in Vanguard Mortgage-Backed Securities ETF by 531.9% during the 3rd quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 734 shares in the last quarter. Armstrong Advisory Group Inc. purchased a new position in Vanguard Mortgage-Backed Securities ETF during the third quarter valued at $45,000. Finally, Triad Wealth Partners LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF in the second quarter worth $53,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of NASDAQ:VMBS opened at $46.18 on Tuesday. The business has a fifty day moving average price of $46.32 and a 200-day moving average price of $46.10. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $44.04 and a 1-year high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were paid a dividend of $0.153 per share. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. This represents a $1.84 dividend on an annualized basis and a yield of 3.98%. The ex-dividend date of this dividend was Friday, November 1st.

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).