Vanguard Mortgage-Backed Securities ETF $VMBS is Seven Mile Advisory’s 2nd Largest Position

Seven Mile Advisory raised its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 7.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 608,490 shares of the exchange traded fund’s stock after buying an additional 40,844 shares during the quarter. Vanguard Mortgage-Backed Securities ETF comprises 4.9% of Seven Mile Advisory’s holdings, making the stock its 2nd largest position. Seven Mile Advisory owned 0.19% of Vanguard Mortgage-Backed Securities ETF worth $28,648,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VMBS. DecisionPoint Financial LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at about $25,000. Glen Eagle Advisors LLC raised its stake in Vanguard Mortgage-Backed Securities ETF by 1,609.7% in the fourth quarter. Glen Eagle Advisors LLC now owns 530 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 499 shares during the last quarter. Imprint Wealth LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the third quarter valued at about $25,000. Kingdom Financial Group LLC. purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at about $29,000. Finally, MilWealth Group LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at about $30,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Vanguard Mortgage-Backed Securities ETF stock opened at $46.68 on Monday. The stock has a 50-day moving average of $46.79 and a two-hundred day moving average of $47.04. Vanguard Mortgage-Backed Securities ETF has a one year low of $45.59 and a one year high of $47.90.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were paid a $0.1634 dividend. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16. The ex-dividend date was Monday, June 1st.

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).