RWA Wealth Partners LLC Sells 7,479 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

RWA Wealth Partners LLC lowered its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 24.9% in the second quarter, Holdings Channel reports. The institutional investor owned 22,522 shares of the exchange traded fund’s stock after selling 7,479 shares during the period. RWA Wealth Partners LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $1,044,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of VMBS. Southland Equity Partners LLC increased its position in Vanguard Mortgage-Backed Securities ETF by 2.1% during the second quarter. Southland Equity Partners LLC now owns 10,767 shares of the exchange traded fund’s stock worth $499,000 after acquiring an additional 220 shares during the period. Kovack Advisors Inc. boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 1.3% in the 2nd quarter. Kovack Advisors Inc. now owns 18,315 shares of the exchange traded fund’s stock valued at $849,000 after purchasing an additional 242 shares during the period. Richardson Financial Services Inc. grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 5.7% during the 2nd quarter. Richardson Financial Services Inc. now owns 4,730 shares of the exchange traded fund’s stock worth $219,000 after purchasing an additional 254 shares in the last quarter. Stephens Inc. AR increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 1.1% during the second quarter. Stephens Inc. AR now owns 23,363 shares of the exchange traded fund’s stock worth $1,083,000 after purchasing an additional 265 shares during the period. Finally, Boyd Watterson Asset Management LLC OH increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 3.7% during the second quarter. Boyd Watterson Asset Management LLC OH now owns 7,686 shares of the exchange traded fund’s stock worth $356,000 after purchasing an additional 273 shares during the period.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.1%

NASDAQ VMBS opened at $47.09 on Monday. The company has a 50 day moving average of $47.05 and a 200-day moving average of $46.33. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $44.65 and a 1-year high of $47.46.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, November 5th. Shareholders of record on Monday, November 3rd were issued a $0.172 dividend. The ex-dividend date of this dividend was Monday, November 3rd. This represents a c) annualized dividend and a yield of 4.4%. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15.

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).