131,633 Shares in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Bought by VCI Wealth Management LLC

VCI Wealth Management LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 131,633 shares of the exchange traded fund’s stock, valued at approximately $6,103,000. Vanguard Mortgage-Backed Securities ETF accounts for about 3.7% of VCI Wealth Management LLC’s portfolio, making the stock its 5th largest holding.

Several other large investors have also added to or reduced their stakes in the business. Syon Capital LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth $14,171,000. Atria Wealth Solutions Inc. raised its position in Vanguard Mortgage-Backed Securities ETF by 4.3% during the fourth quarter. Atria Wealth Solutions Inc. now owns 392,944 shares of the exchange traded fund’s stock worth $18,217,000 after acquiring an additional 16,280 shares in the last quarter. Sensible Financial Planning & Management LLC. raised its position in Vanguard Mortgage-Backed Securities ETF by 76.3% during the fourth quarter. Sensible Financial Planning & Management LLC. now owns 160,025 shares of the exchange traded fund’s stock worth $7,419,000 after acquiring an additional 69,272 shares in the last quarter. Fountainhead AM LLC raised its position in Vanguard Mortgage-Backed Securities ETF by 5.4% during the fourth quarter. Fountainhead AM LLC now owns 215,301 shares of the exchange traded fund’s stock worth $9,981,000 after acquiring an additional 11,113 shares in the last quarter. Finally, Aspire Private Capital LLC raised its position in Vanguard Mortgage-Backed Securities ETF by 3.1% during the fourth quarter. Aspire Private Capital LLC now owns 112,222 shares of the exchange traded fund’s stock worth $5,203,000 after acquiring an additional 3,417 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ VMBS traded down $0.15 on Thursday, hitting $44.22. 975,328 shares of the stock were exchanged, compared to its average volume of 1,683,139. The business’s fifty day moving average is $45.15 and its 200 day moving average is $44.96. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $42.06 and a 52 week high of $47.04.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were given a dividend of $0.1462 per share. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.14. This represents a $1.75 annualized dividend and a yield of 3.97%. The ex-dividend date was Monday, April 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).