Worth Asset Management LLC Purchases Shares of 36,518 Vanguard Mortgage-Backed Securities ETF $VMBS

Worth Asset Management LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 36,518 shares of the exchange traded fund’s stock, valued at approximately $1,719,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bell Bank lifted its position in Vanguard Mortgage-Backed Securities ETF by 8.5% during the fourth quarter. Bell Bank now owns 844,957 shares of the exchange traded fund’s stock valued at $39,781,000 after purchasing an additional 66,496 shares during the last quarter. Whitcomb & Hess Inc. grew its stake in Vanguard Mortgage-Backed Securities ETF by 8.8% in the 4th quarter. Whitcomb & Hess Inc. now owns 396,602 shares of the exchange traded fund’s stock worth $18,743,000 after buying an additional 32,148 shares in the last quarter. Accurate Wealth Management LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 6.0% in the 4th quarter. Accurate Wealth Management LLC now owns 85,331 shares of the exchange traded fund’s stock worth $4,038,000 after buying an additional 4,825 shares during the last quarter. Dakota Wealth Management purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at $212,000. Finally, Mather Group LLC. raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 3.6% during the 4th quarter. Mather Group LLC. now owns 7,024,424 shares of the exchange traded fund’s stock valued at $330,710,000 after buying an additional 245,905 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.1%

NASDAQ VMBS opened at $46.56 on Friday. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $44.85 and a 52-week high of $47.90. The company has a fifty day moving average of $47.24 and a 200-day moving average of $47.15.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a dividend of $0.1609 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.1%.

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).