Simplicity Wealth LLC Has $4.84 Million Stock Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

Simplicity Wealth LLC decreased its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 45.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 103,094 shares of the exchange traded fund’s stock after selling 86,249 shares during the quarter. Simplicity Wealth LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $4,841,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Avidian Wealth Enterprises LLC grew its stake in Vanguard Mortgage-Backed Securities ETF by 13.1% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 13,702 shares of the exchange traded fund’s stock valued at $643,000 after buying an additional 1,587 shares during the last quarter. Joel Isaacson & Co. LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter worth $255,000. First Interstate Bank boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 2.1% during the third quarter. First Interstate Bank now owns 1,268,396 shares of the exchange traded fund’s stock valued at $59,564,000 after acquiring an additional 25,655 shares during the period. Dynamic Wealth Strategies LLC grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 77.8% in the third quarter. Dynamic Wealth Strategies LLC now owns 175,531 shares of the exchange traded fund’s stock valued at $8,243,000 after purchasing an additional 76,821 shares during the last quarter. Finally, Cravens & Co Advisors LLC increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 4.3% in the third quarter. Cravens & Co Advisors LLC now owns 215,486 shares of the exchange traded fund’s stock worth $10,119,000 after purchasing an additional 8,979 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

NASDAQ VMBS opened at $47.17 on Thursday. The stock has a 50-day simple moving average of $47.12 and a 200 day simple moving average of $46.83. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $44.85 and a twelve month high of $47.46.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 3rd. Stockholders of record on Monday, December 1st were given a $0.1615 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Monday, December 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).