Fountainhead AM LLC Has $9.98 Million Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Fountainhead AM LLC grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 5.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 215,301 shares of the exchange traded fund’s stock after acquiring an additional 11,113 shares during the period. Vanguard Mortgage-Backed Securities ETF accounts for approximately 2.7% of Fountainhead AM LLC’s investment portfolio, making the stock its 14th biggest holding. Fountainhead AM LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $9,981,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Sugarloaf Wealth Management LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth approximately $27,000. City Holding Co. bought a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth approximately $61,000. Citigroup Inc. lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 194.0% during the 3rd quarter. Citigroup Inc. now owns 1,379 shares of the exchange traded fund’s stock worth $60,000 after buying an additional 910 shares in the last quarter. Larson Financial Group LLC lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 72.7% during the 3rd quarter. Larson Financial Group LLC now owns 1,912 shares of the exchange traded fund’s stock worth $84,000 after buying an additional 805 shares in the last quarter. Finally, BluePath Capital Management LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 3rd quarter worth approximately $90,000.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.3 %

Shares of VMBS stock traded up $0.15 during trading hours on Tuesday, hitting $44.52. 1,189,470 shares of the company were exchanged, compared to its average volume of 1,696,410. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $42.06 and a 52-week high of $47.04. The firm has a fifty day simple moving average of $45.17 and a 200 day simple moving average of $44.97.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were paid a $0.1462 dividend. This represents a $1.75 dividend on an annualized basis and a yield of 3.94%. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.14. The ex-dividend date of this dividend was Monday, April 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).