Vanguard Mortgage-Backed Securities ETF $VMBS Shares Acquired by RKL Wealth Management LLC

RKL Wealth Management LLC increased its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 9.3% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 395,522 shares of the exchange traded fund’s stock after purchasing an additional 33,716 shares during the quarter. Vanguard Mortgage-Backed Securities ETF comprises about 1.6% of RKL Wealth Management LLC’s holdings, making the stock its 18th largest position. RKL Wealth Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $18,574,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in VMBS. Absolute Capital Management LLC increased its stake in Vanguard Mortgage-Backed Securities ETF by 1.8% during the third quarter. Absolute Capital Management LLC now owns 13,167 shares of the exchange traded fund’s stock worth $618,000 after acquiring an additional 233 shares during the last quarter. Security Financial Services INC. grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 0.7% during the 2nd quarter. Security Financial Services INC. now owns 34,146 shares of the exchange traded fund’s stock worth $1,582,000 after purchasing an additional 235 shares during the period. Kovack Advisors Inc. grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 1.3% during the 2nd quarter. Kovack Advisors Inc. now owns 18,315 shares of the exchange traded fund’s stock worth $849,000 after purchasing an additional 242 shares during the period. FC Advisory LLC increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 0.3% during the 3rd quarter. FC Advisory LLC now owns 80,633 shares of the exchange traded fund’s stock worth $3,787,000 after purchasing an additional 256 shares during the last quarter. Finally, AlTi Global Inc. raised its holdings in Vanguard Mortgage-Backed Securities ETF by 0.6% in the 3rd quarter. AlTi Global Inc. now owns 41,536 shares of the exchange traded fund’s stock valued at $1,951,000 after buying an additional 267 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.1%

NASDAQ VMBS opened at $47.64 on Thursday. The firm’s 50-day moving average is $47.26 and its two-hundred day moving average is $47.06. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $44.85 and a 12 month high of $47.76.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were issued a $0.1645 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.1%. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16.

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).