Ellis Investment Partners LLC Has $345,000 Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

Ellis Investment Partners LLC lessened its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 4.3% in the second quarter, according to its most recent filing with the SEC. The firm owned 7,448 shares of the exchange traded fund’s stock after selling 338 shares during the quarter. Ellis Investment Partners LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $345,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Sovereign Financial Group Inc. increased its position in Vanguard Mortgage-Backed Securities ETF by 2.3% during the 2nd quarter. Sovereign Financial Group Inc. now owns 99,643 shares of the exchange traded fund’s stock valued at $4,617,000 after purchasing an additional 2,219 shares during the period. Concurrent Investment Advisors LLC increased its position in Vanguard Mortgage-Backed Securities ETF by 19.9% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 60,231 shares of the exchange traded fund’s stock valued at $2,791,000 after purchasing an additional 9,991 shares during the period. Apollon Wealth Management LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the 2nd quarter valued at approximately $245,000. Evolution Advisers Inc. increased its position in Vanguard Mortgage-Backed Securities ETF by 0.7% during the 2nd quarter. Evolution Advisers Inc. now owns 199,483 shares of the exchange traded fund’s stock valued at $9,244,000 after purchasing an additional 1,395 shares during the period. Finally, Richardson Financial Services Inc. increased its position in Vanguard Mortgage-Backed Securities ETF by 5.7% during the 2nd quarter. Richardson Financial Services Inc. now owns 4,730 shares of the exchange traded fund’s stock valued at $219,000 after purchasing an additional 254 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

NASDAQ:VMBS opened at $47.10 on Tuesday. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.65 and a fifty-two week high of $47.38. The company has a 50 day simple moving average of $46.74 and a two-hundred day simple moving average of $46.14.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were given a dividend of $0.1533 per share. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 3.9%.

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).