Vanguard Mortgage-Backed Securities ETF $VMBS Shares Bought by Diversify Wealth Management LLC

Diversify Wealth Management LLC raised its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 16.8% during the 3rd quarter, HoldingsChannel reports. The firm owned 125,847 shares of the exchange traded fund’s stock after acquiring an additional 18,119 shares during the period. Diversify Wealth Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $5,911,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the stock. Evolution Wealth Management Inc. acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the second quarter worth $34,000. Tidemark LLC increased its stake in Vanguard Mortgage-Backed Securities ETF by 665.4% in the 3rd quarter. Tidemark LLC now owns 796 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 692 shares during the period. CENTRAL TRUST Co acquired a new position in Vanguard Mortgage-Backed Securities ETF in the 2nd quarter valued at $38,000. Fortitude Family Office LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter worth $38,000. Finally, Millstone Evans Group LLC lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 103.7% in the 3rd quarter. Millstone Evans Group LLC now owns 829 shares of the exchange traded fund’s stock worth $39,000 after acquiring an additional 422 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.3%

Shares of NASDAQ:VMBS opened at $47.77 on Friday. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.85 and a fifty-two week high of $47.79. The firm’s 50-day simple moving average is $47.27 and its 200-day simple moving average is $47.07.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were issued a $0.1645 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.1%. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16.

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). The Index covers the United States agency mortgage-backed, pass-through securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).