Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Sold by Elite Life Management LLC

Elite Life Management LLC decreased its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 93.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,040 shares of the exchange traded fund’s stock after selling 68,720 shares during the period. Vanguard Mortgage-Backed Securities ETF comprises approximately 0.7% of Elite Life Management LLC’s investment portfolio, making the stock its 25th largest holding. Elite Life Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $233,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in VMBS. Richard W. Paul & Associates LLC increased its stake in Vanguard Mortgage-Backed Securities ETF by 11.8% during the 4th 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 in the last quarter. Farther Finance Advisors LLC boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.2% in the fourth quarter. Farther Finance Advisors LLC now owns 11,817 shares of the exchange traded fund’s stock worth $536,000 after acquiring an additional 259 shares during the last quarter. Veridan Wealth LLC increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 0.5% during the first quarter. Veridan Wealth LLC now owns 50,039 shares of the exchange traded fund’s stock worth $2,317,000 after purchasing an additional 264 shares in the last quarter. FSB Premier Wealth Management Inc. increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 0.9% during the fourth quarter. FSB Premier Wealth Management Inc. now owns 32,602 shares of the exchange traded fund’s stock worth $1,478,000 after purchasing an additional 286 shares in the last quarter. Finally, Marcum Wealth LLC raised its stake in Vanguard Mortgage-Backed Securities ETF by 2.2% in the 1st 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 last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of VMBS stock opened at $46.37 on Friday. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.65 and a fifty-two week high of $47.59. The stock’s fifty day moving average is $45.70 and its two-hundred day 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 given a $0.1607 dividend. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16. The ex-dividend date 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).