WNY Asset Management LLC Invests $593,000 in Vanguard Mortgage-Backed Securities ETF $VMBS

WNY Asset Management LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 12,622 shares of the exchange traded fund’s stock, valued at approximately $593,000.

Several other institutional investors have also recently added to or reduced their stakes in VMBS. DecisionPoint Financial LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth $25,000. Glen Eagle Advisors LLC grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 1,609.7% in the fourth quarter. Glen Eagle Advisors LLC now owns 530 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 499 shares in the last quarter. Vision Retirement LLC grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 1,915.4% in the first quarter. Vision Retirement LLC now owns 524 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 498 shares in the last quarter. Imprint Wealth LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 3rd quarter valued at $25,000. Finally, Ascentis Independent Advisors purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 1st quarter valued at $27,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS opened at $46.06 on Friday. The stock’s 50-day moving average price is $46.56 and its 200 day moving average price is $46.90. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $45.98 and a 12-month high of $47.90.

Vanguard Mortgage-Backed Securities ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.1645 per share. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend 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).