Sagespring Wealth Partners LLC Boosts Stock Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Sagespring Wealth Partners LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 8.0% in the 1st quarter, Holdings Channel.com reports. The firm owned 17,791 shares of the exchange traded fund’s stock after purchasing an additional 1,314 shares during the period. Sagespring Wealth Partners LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $824,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Richard W. Paul & Associates LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 11.8% during the fourth quarter. Richard W. Paul & Associates LLC now owns 2,432 shares of the exchange traded fund’s stock worth $110,000 after buying an additional 257 shares during the last quarter. Farther Finance Advisors LLC boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 2.2% during the 4th quarter. Farther Finance Advisors LLC now owns 11,817 shares of the exchange traded fund’s stock valued at $536,000 after acquiring an additional 259 shares during the last quarter. FSB Premier Wealth Management Inc. boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 0.9% during the 4th quarter. FSB Premier Wealth Management Inc. now owns 32,602 shares of the exchange traded fund’s stock valued at $1,478,000 after acquiring an additional 286 shares during the last quarter. Marcum Wealth LLC grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 2.2% in the first quarter. Marcum Wealth LLC now owns 15,288 shares of the exchange traded fund’s stock valued at $708,000 after purchasing an additional 322 shares during the period. Finally, Brighton Jones LLC increased its position in Vanguard Mortgage-Backed Securities ETF by 4.6% during the fourth quarter. Brighton Jones LLC now owns 7,833 shares of the exchange traded fund’s stock worth $355,000 after purchasing an additional 347 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.3%

Shares of VMBS stock opened at $45.77 on Wednesday. The firm’s 50-day moving average is $45.65 and its two-hundred day moving average is $45.71. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $44.65 and a 12 month high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, June 4th. Stockholders of record on Monday, June 2nd were issued a dividend of $0.1607 per share. The ex-dividend date was Monday, June 2nd. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16.

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).