Focus Partners Advisor Solutions LLC Sells 43,476 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

Focus Partners Advisor Solutions LLC lowered its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 48.4% in the 4th quarter, Holdings Channel reports. The firm owned 46,261 shares of the exchange traded fund’s stock after selling 43,476 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $2,178,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. City State Bank increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 0.6% during the fourth quarter. City State Bank now owns 36,957 shares of the exchange traded fund’s stock worth $1,740,000 after acquiring an additional 235 shares during the period. Maia Wealth LLC increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 2.6% during the third quarter. Maia Wealth LLC now owns 9,323 shares of the exchange traded fund’s stock worth $438,000 after acquiring an additional 240 shares during the period. Saranac Partners Ltd increased 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 worth $552,000 after acquiring an additional 245 shares during the period. Dunhill Financial LLC increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 36.2% during the fourth quarter. Dunhill Financial LLC now owns 926 shares of the exchange traded fund’s stock worth $44,000 after acquiring an additional 246 shares during the period. Finally, Richardson Financial Services Inc. increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 5.3% during the fourth quarter. Richardson Financial Services Inc. now owns 5,164 shares of the exchange traded fund’s stock worth $240,000 after acquiring an additional 260 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.0%

Shares of NASDAQ:VMBS opened at $46.50 on Thursday. The firm’s 50 day simple moving average is $46.80 and its 200-day simple moving average is $47.05. Vanguard Mortgage-Backed Securities ETF has a one year low of $45.59 and a one year high of $47.90.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were given a dividend of $0.1634 per share. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Monday, June 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).