26,171 Shares in Vanguard Mortgage-Backed Securities ETF $VMBS Purchased by Schwallier Wealth Management LLC

Schwallier Wealth Management LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 26,171 shares of the exchange traded fund’s stock, valued at approximately $1,229,000. Vanguard Mortgage-Backed Securities ETF makes up 0.9% of Schwallier Wealth Management LLC’s holdings, making the stock its 17th largest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Focus Partners Wealth bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth approximately $113,419,000. Bank of America Corp DE grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 3.7% during the 4th quarter. Bank of America Corp DE now owns 59,766,080 shares of the exchange traded fund’s stock valued at $2,813,787,000 after purchasing an additional 2,147,360 shares during the last quarter. Stifel Financial Corp grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 32.3% during the 4th quarter. Stifel Financial Corp now owns 8,298,375 shares of the exchange traded fund’s stock valued at $390,688,000 after purchasing an additional 2,026,709 shares during the last quarter. Alesco Advisors LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth approximately $71,911,000. Finally, Wells Fargo & Company MN increased its position in Vanguard Mortgage-Backed Securities ETF by 10.3% during the 4th quarter. Wells Fargo & Company MN now owns 9,007,305 shares of the exchange traded fund’s stock worth $424,064,000 after purchasing an additional 843,178 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of NASDAQ:VMBS opened at $46.50 on Thursday. Vanguard Mortgage-Backed Securities ETF has a one year low of $45.71 and a one year high of $47.90. The firm has a 50 day simple moving average of $46.63 and a 200 day simple moving average of $46.97.

Vanguard Mortgage-Backed Securities ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were paid a $0.1645 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Wednesday, July 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).