Modera Wealth Management LLC Has $798,000 Stake in Vanguard Mortgage-Backed Securities ETF $VMBS

Modera Wealth Management LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 25.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,225 shares of the exchange traded fund’s stock after buying an additional 3,479 shares during the period. Modera Wealth Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $798,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in VMBS. LRI Investments LLC lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 138.9% during the 1st quarter. LRI Investments LLC now owns 731 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 425 shares during the period. Bellevue Asset Management LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF in the second quarter valued at about $39,000. Berkshire Money Management Inc. bought a new stake in Vanguard Mortgage-Backed Securities ETF during the second quarter worth about $68,000. Oliver Lagore Vanvalin Investment Group bought a new stake in Vanguard Mortgage-Backed Securities ETF during the second quarter worth about $80,000. Finally, Headlands Technologies LLC grew its stake in Vanguard Mortgage-Backed Securities ETF by 5,697.4% during the first quarter. Headlands Technologies LLC now owns 2,203 shares of the exchange traded fund’s stock worth $102,000 after buying an additional 2,165 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS stock opened at $47.09 on Friday. The company’s 50-day moving average price is $47.05 and its two-hundred day moving average price is $46.32. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $44.65 and a 12 month high of $47.46.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, November 5th. Investors of record on Monday, November 3rd were paid a $0.172 dividend. This represents a c) dividend on an annualized basis and a yield of 4.4%. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Monday, November 3rd.

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).