Avidian Wealth Enterprises LLC Boosts Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Avidian Wealth Enterprises LLC lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 32.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 12,115 shares of the exchange traded fund’s stock after acquiring an additional 2,968 shares during the period. Avidian Wealth Enterprises LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $561,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. First Interstate Bank raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 2.0% during the 2nd quarter. First Interstate Bank now owns 1,242,741 shares of the exchange traded fund’s stock worth $57,589,000 after acquiring an additional 24,022 shares during the period. Unison Advisors LLC raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 8.9% during the 2nd quarter. Unison Advisors LLC now owns 118,778 shares of the exchange traded fund’s stock worth $5,504,000 after acquiring an additional 9,703 shares during the period. Stephens Inc. AR raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 1.1% during the 2nd quarter. Stephens Inc. AR now owns 23,363 shares of the exchange traded fund’s stock worth $1,083,000 after acquiring an additional 265 shares during the period. Balboa Wealth Partners raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 5.4% during the 2nd quarter. Balboa Wealth Partners now owns 14,592 shares of the exchange traded fund’s stock worth $676,000 after acquiring an additional 743 shares during the period. Finally, Lutz Financial Services LLC raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 10.4% during the 2nd quarter. Lutz Financial Services LLC now owns 40,876 shares of the exchange traded fund’s stock worth $1,894,000 after acquiring an additional 3,837 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of VMBS opened at $47.42 on Thursday. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $44.65 and a 12-month high of $47.46. The company’s 50-day moving average price is $46.87 and its 200 day moving average price is $46.19.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were issued a $0.1533 dividend. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date was Wednesday, October 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).