Diversify Wealth Management LLC Has $8.67 Million Stake in Vanguard Mortgage-Backed Securities ETF $VMBS

Diversify Wealth Management LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 45.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 183,542 shares of the exchange traded fund’s stock after buying an additional 57,695 shares during the period. Diversify Wealth Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $8,674,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Imprint Wealth LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at $25,000. DecisionPoint Financial LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at $25,000. MilWealth Group LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at $30,000. Tidemark LLC increased its holdings in Vanguard Mortgage-Backed Securities ETF by 665.4% during the 3rd quarter. Tidemark LLC now owns 796 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 692 shares in the last quarter. Finally, SBI Securities Co. Ltd. increased its holdings in Vanguard Mortgage-Backed Securities ETF by 80.2% during the 4th quarter. SBI Securities Co. Ltd. now owns 820 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 365 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.3%

VMBS stock opened at $46.76 on Friday. The business has a fifty day moving average price of $47.04 and a 200 day moving average price of $47.14. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $45.05 and a fifty-two week high of $47.90.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were issued a dividend of $0.1609 per share. The ex-dividend date of this dividend was Friday, May 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).