Koshinski Asset Management Inc. Sells 994 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

Koshinski Asset Management Inc. cut its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 8.9% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,149 shares of the exchange traded fund’s stock after selling 994 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $470,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of VMBS. Brighton Jones LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 4.6% in the fourth quarter. Brighton Jones LLC now owns 7,833 shares of the exchange traded fund’s stock valued at $355,000 after buying an additional 347 shares in the last quarter. Valmark Advisers Inc. boosted its stake in Vanguard Mortgage-Backed Securities ETF by 3.0% in the first quarter. Valmark Advisers Inc. now owns 1,394,052 shares of the exchange traded fund’s stock valued at $64,559,000 after buying an additional 40,122 shares in the last quarter. Consolidated Portfolio Review Corp boosted its stake in Vanguard Mortgage-Backed Securities ETF by 1.3% in the first quarter. Consolidated Portfolio Review Corp now owns 95,488 shares of the exchange traded fund’s stock valued at $4,422,000 after buying an additional 1,198 shares in the last quarter. Pacific Financial Group Inc. boosted its stake in Vanguard Mortgage-Backed Securities ETF by 25.5% in the first quarter. Pacific Financial Group Inc. now owns 6,870 shares of the exchange traded fund’s stock valued at $318,000 after buying an additional 1,395 shares in the last quarter. Finally, Balboa Wealth Partners boosted its stake in Vanguard Mortgage-Backed Securities ETF by 18.8% in the first quarter. Balboa Wealth Partners now owns 13,849 shares of the exchange traded fund’s stock valued at $641,000 after buying an additional 2,190 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.1%

NASDAQ:VMBS opened at $47.34 on Tuesday. The stock’s 50-day simple moving average is $46.83 and its 200 day simple moving average is $46.17. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $44.65 and a twelve month high of $47.38.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were paid a $0.1533 dividend. The ex-dividend date of this dividend 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).