Diversify Wealth Management LLC Acquires 702,394 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

Diversify Wealth Management LLC lifted its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 382.7% during the first quarter, Holdings Channel reports. The institutional investor owned 885,936 shares of the exchange traded fund’s stock after acquiring an additional 702,394 shares during the quarter. Vanguard Mortgage-Backed Securities ETF makes up approximately 0.8% of Diversify Wealth Management LLC’s investment portfolio, making the stock its 22nd biggest position. Diversify Wealth Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $41,471,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. DecisionPoint Financial LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth about $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 worth $25,000 after acquiring an additional 499 shares during the last quarter. Imprint Wealth LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the third quarter worth $25,000. Ascentis Independent Advisors bought a new position in shares of Vanguard Mortgage-Backed Securities ETF during the first quarter valued at $27,000. Finally, Kingdom Financial Group LLC. purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth about $29,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Vanguard Mortgage-Backed Securities ETF stock traded down $0.03 during mid-day trading on Friday, reaching $46.44. The stock had a trading volume of 1,081,373 shares, compared to its average volume of 1,631,590. Vanguard Mortgage-Backed Securities ETF has a one year low of $45.69 and a one year high of $47.90. The company has a 50-day moving average price of $46.66 and a two-hundred day moving average price of $46.98.

Vanguard Mortgage-Backed Securities ETF Dividend Announcement

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

Vanguard Mortgage-Backed Securities ETF 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).