Seven Mile Advisory Purchases 40,844 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

Seven Mile Advisory increased its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBSFree Report) by 7.2% during the 4th quarter, Holdings Channel reports. The fund owned 608,490 shares of the exchange traded fund’s stock after purchasing an additional 40,844 shares during the quarter. Vanguard Mortgage-Backed Securities ETF makes up about 4.9% of Seven Mile Advisory’s investment portfolio, making the stock its 2nd largest position. Seven Mile Advisory’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $28,648,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VMBS. DecisionPoint Financial LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth about $25,000. Glen Eagle Advisors LLC grew its holdings in Vanguard Mortgage-Backed Securities ETF by 1,609.7% during the fourth quarter. Glen Eagle Advisors LLC now owns 530 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 499 shares during the period. Imprint Wealth LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the third quarter worth about $25,000. Kingdom Financial Group LLC. acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth about $29,000. Finally, MilWealth Group LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth about $30,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

Vanguard Mortgage-Backed Securities ETF stock opened at $46.68 on Monday. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $45.59 and a 52 week high of $47.90. The business’s 50-day moving average price is $46.79 and its 200 day moving average price is $47.04.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were issued a dividend of $0.1634 per share. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Monday, June 1st.

About Vanguard Mortgage-Backed Securities ETF

(Free Report)

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). The Index covers the United States agency mortgage-backed, pass-through securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).

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Want to see what other hedge funds are holding VMBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBSFree Report).

Institutional Ownership by Quarter for Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

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