RKL Wealth Management LLC Grows Position in Vanguard Mortgage-Backed Securities ETF $VMBS

RKL Wealth Management LLC raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 3.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 409,756 shares of the exchange traded fund’s stock after buying an additional 14,234 shares during the quarter. Vanguard Mortgage-Backed Securities ETF comprises about 1.6% of RKL Wealth Management LLC’s portfolio, making the stock its 17th biggest holding. RKL Wealth Management LLC owned approximately 0.13% of Vanguard Mortgage-Backed Securities ETF worth $19,291,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. BlueStem Wealth Partners LLC grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 9.3% during the third quarter. BlueStem Wealth Partners LLC now owns 597,332 shares of the exchange traded fund’s stock worth $28,051,000 after buying an additional 50,651 shares in the last quarter. Bell Bank boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 8.5% during the 4th quarter. Bell Bank now owns 844,957 shares of the exchange traded fund’s stock valued at $39,781,000 after acquiring an additional 66,496 shares during the last quarter. Level Financial Advisors boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 8.9% during the 4th quarter. Level Financial Advisors now owns 237,034 shares of the exchange traded fund’s stock valued at $11,160,000 after acquiring an additional 19,361 shares during the last quarter. Rialto Wealth Management LLC boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 57.1% during the 4th quarter. Rialto Wealth Management LLC now owns 387,799 shares of the exchange traded fund’s stock valued at $18,258,000 after acquiring an additional 140,873 shares during the last quarter. Finally, Tran Capital Management L.P. boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 578.9% during the 4th quarter. Tran Capital Management L.P. now owns 57,746 shares of the exchange traded fund’s stock valued at $2,719,000 after acquiring an additional 49,240 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of VMBS stock opened at $46.77 on Friday. The company’s 50-day moving average price is $46.79 and its 200-day moving average price is $47.05. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $45.59 and a twelve month high of $47.90.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were given a dividend of $0.1634 per share. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change 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).