MGO One Seven LLC Takes Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

MGO One Seven LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 16,593 shares of the exchange traded fund’s stock, valued at approximately $752,000.

Several other large investors have also made changes to their positions in VMBS. Legacy Investment Solutions LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF by 519.1% during the fourth quarter. Legacy Investment Solutions LLC now owns 551 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 462 shares during the last quarter. POM Investment Strategies LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth $37,000. GeoWealth Management LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 264.0% in the fourth quarter. GeoWealth Management LLC now owns 1,052 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 763 shares in the last quarter. National Bank of Canada FI boosted its stake in Vanguard Mortgage-Backed Securities ETF by 290.7% in the fourth quarter. National Bank of Canada FI now owns 1,465 shares of the exchange traded fund’s stock valued at $66,000 after buying an additional 1,090 shares in the last quarter. Finally, Murphy & Mullick Capital Management Corp acquired a new position in Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth about $73,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS stock opened at $46.12 on Friday. The firm has a 50-day moving average price of $46.00 and a 200-day moving average price of $45.80. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $44.12 and a 12 month high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were given a $0.164 dividend. The ex-dividend date was Tuesday, April 1st. This represents a $1.97 dividend on an annualized basis and a yield of 4.27%. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15.

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).