Rialto Wealth Management LLC Takes $2.11 Million Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Rialto Wealth Management LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 46,590 shares of the exchange traded fund’s stock, valued at approximately $2,112,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Truvestments Capital LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 3rd quarter valued at approximately $35,000. POM Investment Strategies LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at $37,000. Synergy Investment Management LLC bought a new position in Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at $84,000. Richard W. Paul & Associates LLC grew its holdings in Vanguard Mortgage-Backed Securities ETF by 11.8% during the 4th quarter. Richard W. Paul & Associates LLC now owns 2,432 shares of the exchange traded fund’s stock worth $110,000 after acquiring an additional 257 shares in the last quarter. Finally, Cape Investment Advisory Inc. grew its holdings in Vanguard Mortgage-Backed Securities ETF by 78.8% during the 4th quarter. Cape Investment Advisory Inc. now owns 2,439 shares of the exchange traded fund’s stock worth $111,000 after acquiring an additional 1,075 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $46.02 on Friday. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $44.04 and a 1 year high of $47.59. The firm’s 50-day simple moving average is $45.56 and its 200-day simple moving average is $46.09.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

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

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).