Greenspring Advisors LLC Makes New $1.12 Million Investment in Vanguard Mortgage-Backed Securities ETF $VMBS

Greenspring Advisors LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 23,801 shares of the exchange traded fund’s stock, valued at approximately $1,121,000.

A number of other large investors also recently modified their holdings of VMBS. DecisionPoint Financial LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth about $25,000. Imprint Wealth LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 3rd quarter worth about $25,000. Kingdom Financial Group LLC. purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth about $29,000. MilWealth Group LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth about $30,000. Finally, Key Financial Inc raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 128.9% in the 4th quarter. Key Financial Inc now owns 641 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 361 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Vanguard Mortgage-Backed Securities ETF stock opened at $46.58 on Thursday. The stock’s 50-day moving average is $46.82 and its 200-day moving average is $47.07. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $45.23 and a 12 month high of $47.90.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, June 3rd. Stockholders 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 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).