Avantax Advisory Services Inc. Has $2.23 Million Stock Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Avantax Advisory Services Inc. reduced its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 5.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 48,955 shares of the exchange traded fund’s stock after selling 2,899 shares during the period. Avantax Advisory Services Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $2,233,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of VMBS. Consolidated Portfolio Review Corp raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 0.3% in the 4th quarter. Consolidated Portfolio Review Corp now owns 79,132 shares of the exchange traded fund’s stock worth $3,669,000 after buying an additional 244 shares in the last quarter. OmniStar Financial Group Inc. boosted its stake in Vanguard Mortgage-Backed Securities ETF by 2.4% in the fourth quarter. OmniStar Financial Group Inc. now owns 10,590 shares of the exchange traded fund’s stock valued at $491,000 after acquiring an additional 248 shares during the last quarter. AdvisorNet Financial Inc grew its holdings in Vanguard Mortgage-Backed Securities ETF by 0.5% during the 1st quarter. AdvisorNet Financial Inc now owns 50,036 shares of the exchange traded fund’s stock worth $2,282,000 after acquiring an additional 250 shares during the period. Addison Advisors LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 44.6% during the 4th quarter. Addison Advisors LLC now owns 849 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 262 shares during the last quarter. Finally, Security Financial Services INC. lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 1.1% in the 1st quarter. Security Financial Services INC. now owns 27,298 shares of the exchange traded fund’s stock valued at $1,245,000 after purchasing an additional 284 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.2 %

Shares of Vanguard Mortgage-Backed Securities ETF stock traded up $0.10 during trading on Wednesday, reaching $46.10. 874,505 shares of the company were exchanged, compared to its average volume of 1,487,494. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $42.06 and a twelve month high of $46.59. The business has a 50-day moving average price of $45.32 and a 200-day moving average price of $45.32.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, July 3rd. Investors of record on Monday, July 1st were paid a dividend of $0.151 per share. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date was Monday, July 1st. This represents a $1.81 annualized dividend and a yield of 3.93%.

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).