Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Stake Lifted by Avaii Wealth Management LLC

Avaii Wealth Management LLC increased its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 12.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,455 shares of the exchange traded fund’s stock after buying an additional 737 shares during the quarter. Avaii Wealth Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $299,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Family CFO Inc grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 1.1% in the third quarter. Family CFO Inc now owns 295,028 shares of the exchange traded fund’s stock worth $12,916,000 after purchasing an additional 3,172 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 9.7% in the third quarter. LPL Financial LLC now owns 4,416,122 shares of the exchange traded fund’s stock valued at $193,338,000 after buying an additional 390,939 shares during the period. Mather Group LLC. lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 0.9% in the third quarter. Mather Group LLC. now owns 3,021,774 shares of the exchange traded fund’s stock valued at $132,293,000 after buying an additional 27,169 shares during the period. Harbour Investments Inc. lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 9.5% in the third quarter. Harbour Investments Inc. now owns 26,554 shares of the exchange traded fund’s stock valued at $1,163,000 after buying an additional 2,294 shares during the period. Finally, Pallas Capital Advisors LLC lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 18.2% in the fourth quarter. Pallas Capital Advisors LLC now owns 460,795 shares of the exchange traded fund’s stock valued at $21,362,000 after buying an additional 70,816 shares during the period.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.3 %

Shares of NASDAQ VMBS traded up $0.15 during mid-day trading on Monday, hitting $44.50. 567,290 shares of the company traded hands, compared to its average volume of 1,659,349. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $42.06 and a 1 year high of $47.04. The business has a 50 day moving average of $45.11 and a two-hundred day moving average of $44.98.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were given a dividend of $0.1462 per share. This represents a $1.75 annualized dividend and a yield of 3.94%. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.14. The ex-dividend date of this dividend was Monday, April 1st.

Vanguard Mortgage-Backed Securities ETF 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).