VCI Wealth Management LLC Takes $6.10 Million Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

VCI Wealth Management LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 131,633 shares of the exchange traded fund’s stock, valued at approximately $6,103,000. Vanguard Mortgage-Backed Securities ETF comprises approximately 3.7% of VCI Wealth Management LLC’s investment portfolio, making the stock its 5th biggest holding.

Several other institutional investors also recently made changes to their positions in VMBS. IFP Advisors Inc grew its holdings in Vanguard Mortgage-Backed Securities ETF by 13.9% in the 3rd quarter. IFP Advisors Inc now owns 4,485 shares of the exchange traded fund’s stock worth $196,000 after buying an additional 548 shares in the last quarter. Avior Wealth Management LLC grew its holdings in Vanguard Mortgage-Backed Securities ETF by 12.1% in the 3rd quarter. Avior Wealth Management LLC now owns 10,759 shares of the exchange traded fund’s stock worth $471,000 after buying an additional 1,160 shares in the last quarter. Private Trust Co. NA grew its holdings in Vanguard Mortgage-Backed Securities ETF by 77.2% in the 3rd quarter. Private Trust Co. NA now owns 4,286 shares of the exchange traded fund’s stock worth $188,000 after buying an additional 1,867 shares in the last quarter. Koshinski Asset Management Inc. grew its holdings in Vanguard Mortgage-Backed Securities ETF by 5.1% in the 3rd quarter. Koshinski Asset Management Inc. now owns 11,442 shares of the exchange traded fund’s stock worth $501,000 after buying an additional 552 shares in the last quarter. Finally, Greenwood Capital Associates LLC grew its holdings in Vanguard Mortgage-Backed Securities ETF by 1.6% in the 3rd quarter. Greenwood Capital Associates LLC now owns 22,955 shares of the exchange traded fund’s stock worth $1,005,000 after buying an additional 363 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

VMBS stock traded down $0.15 on Thursday, reaching $44.22. The company’s stock had a trading volume of 975,328 shares, compared to its average volume of 1,683,139. 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 moving average of $45.15 and a two-hundred day moving average of $44.96.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were given a $0.1462 dividend. This represents a $1.75 dividend on an annualized basis and a yield of 3.97%. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.14. The ex-dividend date of this dividend was Monday, April 1st.

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).