REAP Financial Group LLC Sells 376 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

REAP Financial Group LLC lowered its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 6.6% in the second quarter, HoldingsChannel reports. The firm owned 5,350 shares of the exchange traded fund’s stock after selling 376 shares during the period. REAP Financial Group LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $248,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sowell Financial Services LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the first quarter valued at approximately $328,000. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in Vanguard Mortgage-Backed Securities ETF by 1.5% in the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 818,800 shares of the exchange traded fund’s stock valued at $37,943,000 after acquiring an additional 12,100 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in Vanguard Mortgage-Backed Securities ETF by 4.1% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 1,168,797 shares of the exchange traded fund’s stock valued at $54,127,000 after acquiring an additional 46,446 shares during the period. First National Trust Co increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 10.0% in the first quarter. First National Trust Co now owns 286,100 shares of the exchange traded fund’s stock valued at $13,249,000 after purchasing an additional 26,032 shares during the last quarter. Finally, Keystone Global Partners LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 28.5% in the second quarter. Keystone Global Partners LLC now owns 180,737 shares of the exchange traded fund’s stock valued at $8,375,000 after purchasing an additional 40,078 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.2%

NASDAQ:VMBS opened at $46.95 on Wednesday. Vanguard Mortgage-Backed Securities ETF has a one year low of $44.65 and a one year high of $47.38. The firm’s fifty day moving average price is $46.67 and its two-hundred day moving average price is $46.12.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st were given a dividend of $0.1533 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 3.9%.

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).