DiPaolo Financial Group Inc. Takes Position in Vanguard Mortgage-Backed Securities ETF $VMBS

DiPaolo Financial Group Inc. acquired a new position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 95,696 shares of the exchange traded fund’s stock, valued at approximately $4,505,000. Vanguard Mortgage-Backed Securities ETF comprises about 4.8% of DiPaolo Financial Group Inc.’s holdings, making the stock its 6th largest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Forthright Family Wealth Advisory LLC boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 3.6% in the 4th quarter. Forthright Family Wealth Advisory LLC now owns 104,137 shares of the exchange traded fund’s stock valued at $4,903,000 after purchasing an additional 3,616 shares during the period. Continental Investors Services Inc. increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 62.5% during the 4th quarter. Continental Investors Services Inc. now owns 25,390 shares of the exchange traded fund’s stock worth $1,231,000 after purchasing an additional 9,764 shares during the period. Compound Planning Inc. raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 19.3% during the fourth quarter. Compound Planning Inc. now owns 9,467 shares of the exchange traded fund’s stock valued at $446,000 after buying an additional 1,532 shares during the last quarter. Jacobs Equity LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at about $457,000. Finally, Raymond James Financial Inc. raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 7.2% during the fourth quarter. Raymond James Financial Inc. now owns 6,035,361 shares of the exchange traded fund’s stock valued at $284,147,000 after buying an additional 407,717 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.3%

NASDAQ VMBS opened at $46.74 on Friday. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $45.69 and a twelve month high of $47.90. The firm has a 50-day simple moving average of $46.78 and a 200 day simple moving average of $47.02.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

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