Onyx Bridge Wealth Group LLC Has $4.29 Million Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Onyx Bridge Wealth Group LLC cut its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 12.2% during the 3rd quarter, Holdings Channel.com reports. The firm owned 91,337 shares of the exchange traded fund’s stock after selling 12,748 shares during the period. Onyx Bridge Wealth Group LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $4,289,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also modified their holdings of VMBS. Stratos Wealth Partners LTD. raised its holdings in Vanguard Mortgage-Backed Securities ETF by 2.5% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 26,716 shares of the exchange traded fund’s stock valued at $1,255,000 after acquiring an additional 663 shares during the period. AlTi Global Inc. boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 0.6% during the third quarter. AlTi Global Inc. now owns 41,536 shares of the exchange traded fund’s stock worth $1,951,000 after acquiring an additional 267 shares during the period. Continental Investors Services Inc. grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 88.9% in the third quarter. Continental Investors Services Inc. now owns 15,626 shares of the exchange traded fund’s stock valued at $741,000 after purchasing an additional 7,353 shares during the last quarter. Prospera Financial Services Inc increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 0.6% during the third quarter. Prospera Financial Services Inc now owns 147,085 shares of the exchange traded fund’s stock worth $6,907,000 after purchasing an additional 822 shares during the period. Finally, Oppenheimer & Co. Inc. increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 33.5% during the third quarter. Oppenheimer & Co. Inc. now owns 45,459 shares of the exchange traded fund’s stock worth $2,135,000 after purchasing an additional 11,412 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

VMBS opened at $47.27 on Thursday. The business has a fifty day simple moving average of $47.14 and a 200 day simple moving average of $46.96. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $44.85 and a 1 year high of $47.46.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were given a dividend of $0.1645 per share. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Monday, February 2nd.

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).