Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Sold by Family CFO Inc

Family CFO Inc cut its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 17.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 243,567 shares of the exchange traded fund’s stock after selling 51,461 shares during the period. Vanguard Mortgage-Backed Securities ETF makes up about 7.3% of Family CFO Inc’s portfolio, making the stock its 5th largest holding. Family CFO Inc’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $11,292,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of VMBS. Sugarloaf Wealth Management LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at about $27,000. Retirement Group LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 792.9% during the 4th quarter. Retirement Group LLC now owns 625 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 555 shares during the period. Geneos Wealth Management Inc. boosted its stake in Vanguard Mortgage-Backed Securities ETF by 254.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 599 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 430 shares during the period. Vestor Capital LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF during the 2nd quarter valued at about $30,000. Finally, Salem Investment Counselors Inc. acquired a new position in Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at about $44,000.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.4 %

Vanguard Mortgage-Backed Securities ETF stock traded down $0.17 during midday trading on Thursday, reaching $44.29. 1,147,263 shares of the stock traded hands, compared to its average volume of 1,723,069. The firm has a fifty day moving average price of $45.25 and a two-hundred day moving average price of $44.92. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $42.06 and a fifty-two week high of $47.04.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were paid a $0.1462 dividend. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.14. This represents a $1.75 dividend on an annualized basis and a dividend yield of 3.96%. The ex-dividend date of this dividend was Monday, April 1st.

Vanguard Mortgage-Backed Securities ETF Company 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).