Jaffetilchin Investment Partners LLC Has $18.76 Million Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Jaffetilchin Investment Partners LLC lessened its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 8.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 405,090 shares of the exchange traded fund’s stock after selling 38,547 shares during the period. Vanguard Mortgage-Backed Securities ETF comprises 1.4% of Jaffetilchin Investment Partners LLC’s holdings, making the stock its 21st biggest holding. Jaffetilchin Investment Partners LLC owned approximately 0.10% of Vanguard Mortgage-Backed Securities ETF worth $18,760,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Legacy Investment Solutions LLC increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 519.1% in the fourth quarter. Legacy Investment Solutions LLC now owns 551 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 462 shares during the period. Breakwater Investment Management acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the first quarter worth approximately $27,000. Dunhill Financial LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 1st quarter worth $31,000. GeoWealth Management LLC increased its holdings in Vanguard Mortgage-Backed Securities ETF by 264.0% during the 4th quarter. GeoWealth Management LLC now owns 1,052 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 763 shares in the last quarter. Finally, Marshall & Sterling Wealth Advisors Inc. bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth $61,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS stock opened at $46.37 on Friday. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $44.65 and a 1-year high of $47.59. The stock’s fifty day simple moving average is $45.70 and its two-hundred day simple moving average is $45.70.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

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

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).