Waverly Advisors LLC Increases Stake in Vanguard Mortgage-Backed Securities ETF $VMBS

Waverly Advisors LLC increased its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 70.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,918 shares of the exchange traded fund’s stock after buying an additional 24,391 shares during the period. Waverly Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $2,766,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of VMBS. City State Bank boosted its position in Vanguard Mortgage-Backed Securities ETF by 0.6% during the 4th quarter. City State Bank now owns 36,957 shares of the exchange traded fund’s stock valued at $1,740,000 after acquiring an additional 235 shares in the last quarter. Genesis Private Wealth LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 1.1% in the 1st quarter. Genesis Private Wealth LLC now owns 20,912 shares of the exchange traded fund’s stock worth $982,000 after acquiring an additional 237 shares in the last quarter. Maia Wealth LLC lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.6% in the 3rd quarter. Maia Wealth LLC now owns 9,323 shares of the exchange traded fund’s stock valued at $438,000 after purchasing an additional 240 shares during the period. Rehmann Capital Advisory Group lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 3.2% in the 4th quarter. Rehmann Capital Advisory Group now owns 7,931 shares of the exchange traded fund’s stock valued at $373,000 after purchasing an additional 243 shares during the period. Finally, Saranac Partners Ltd boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 2.1% during the fourth quarter. Saranac Partners Ltd now owns 11,728 shares of the exchange traded fund’s stock valued at $552,000 after purchasing an additional 245 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.4%

Shares of VMBS stock opened at $46.19 on Thursday. The business’s fifty day moving average is $46.57 and its 200 day moving average is $46.91. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $46.00 and a twelve month high of $47.90.

Vanguard Mortgage-Backed Securities ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.1645 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Wednesday, July 1st.

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). 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).