Premier Path Wealth Partners LLC Decreases Stock Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Premier Path Wealth Partners LLC trimmed its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 15.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 111,664 shares of the exchange traded fund’s stock after selling 20,436 shares during the period. Premier Path Wealth Partners LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $5,243,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. DecisionPoint Financial LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF in the 4th quarter valued at about $25,000. Glen Eagle Advisors LLC increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 1,609.7% during 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 during the third quarter worth about $25,000. Kingdom Financial Group LLC. purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth about $29,000. Finally, MilWealth Group LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth about $30,000.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.4%

NASDAQ:VMBS opened at $46.81 on Wednesday. Vanguard Mortgage-Backed Securities ETF has a one year low of $45.69 and a one year high of $47.90. The business’s 50-day simple moving average is $46.74 and its 200 day simple moving average is $47.02.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were issued a dividend of $0.1634 per share. The ex-dividend date was Monday, June 1st. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16.

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).