Axxcess Wealth Management LLC Purchases 2,367 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Axxcess Wealth Management LLC lifted its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 5.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 44,810 shares of the exchange traded fund’s stock after acquiring an additional 2,367 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $2,032,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Truvestments Capital LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter worth $35,000. POM Investment Strategies LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth $37,000. Synergy Investment Management LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth $84,000. Richard W. Paul & Associates LLC grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 11.8% during the fourth quarter. Richard W. Paul & Associates LLC now owns 2,432 shares of the exchange traded fund’s stock worth $110,000 after purchasing an additional 257 shares during the period. Finally, Cape Investment Advisory Inc. grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 78.8% during the fourth quarter. Cape Investment Advisory Inc. now owns 2,439 shares of the exchange traded fund’s stock worth $111,000 after purchasing an additional 1,075 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.2 %

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $46.18 on Thursday. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $44.04 and a 12 month high of $47.59. The business has a fifty day simple moving average of $45.69 and a 200 day simple moving average of $46.03.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a $0.1588 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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).