Intelligence Driven Advisers LLC Sells 25,646 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

Intelligence Driven Advisers LLC cut its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 5.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 473,927 shares of the exchange traded fund’s stock after selling 25,646 shares during the period. Vanguard Mortgage-Backed Securities ETF comprises about 3.9% of Intelligence Driven Advisers LLC’s investment portfolio, making the stock its 8th biggest holding. Intelligence Driven Advisers LLC owned approximately 0.15% of Vanguard Mortgage-Backed Securities ETF worth $22,251,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of VMBS. City State Bank grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 0.6% during the fourth quarter. City State Bank now owns 36,957 shares of the exchange traded fund’s stock worth $1,740,000 after buying an additional 235 shares in the last quarter. Genesis Private Wealth LLC increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 1.1% in the first quarter. Genesis Private Wealth LLC now owns 20,912 shares of the exchange traded fund’s stock worth $982,000 after buying an additional 237 shares during the last quarter. Maia Wealth LLC raised its holdings in Vanguard Mortgage-Backed Securities ETF by 2.6% in the third quarter. Maia Wealth LLC now owns 9,323 shares of the exchange traded fund’s stock valued at $438,000 after acquiring an additional 240 shares in the last quarter. Rehmann Capital Advisory Group raised its holdings in Vanguard Mortgage-Backed Securities ETF by 3.2% in the fourth quarter. Rehmann Capital Advisory Group now owns 7,931 shares of the exchange traded fund’s stock valued at $373,000 after acquiring an additional 243 shares in the last quarter. Finally, Saranac Partners Ltd boosted its stake in Vanguard Mortgage-Backed Securities ETF by 2.1% during the 4th quarter. Saranac Partners Ltd now owns 11,728 shares of the exchange traded fund’s stock valued at $552,000 after acquiring an additional 245 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of VMBS stock opened at $46.19 on Monday. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $45.88 and a 1-year high of $47.90. The firm has a fifty day moving average of $46.57 and a two-hundred day moving average of $46.93.

Vanguard Mortgage-Backed Securities ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.1645 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 4.3%.

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). 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).