Intelligence Driven Advisers LLC Trims Stock Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

Intelligence Driven Advisers LLC lessened its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 5.1% in the first quarter, Holdings Channel.com reports. The institutional investor owned 473,927 shares of the exchange traded fund’s stock after selling 25,646 shares during the quarter. Vanguard Mortgage-Backed Securities ETF makes up 3.9% of Intelligence Driven Advisers LLC’s portfolio, making the stock its 8th largest holding. Intelligence Driven Advisers LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $22,251,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of VMBS. DecisionPoint Financial LLC bought a new position in Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth about $25,000. Glen Eagle Advisors LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 1,609.7% during the 4th quarter. Glen Eagle Advisors LLC now owns 530 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 499 shares during the period. Vision Retirement LLC lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 1,915.4% in the 1st quarter. Vision Retirement LLC now owns 524 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 498 shares during the last quarter. Imprint Wealth LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 3rd quarter worth approximately $25,000. Finally, Ascentis Independent Advisors acquired a new position in Vanguard Mortgage-Backed Securities ETF during the 1st quarter valued at approximately $27,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ:VMBS opened at $46.19 on Monday. The business has a 50 day simple moving average of $46.57 and a 200 day simple moving average of $46.93. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $45.88 and a 12-month high of $47.90.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

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