Global Wealth Strategies & Associates Trims Stock Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Global Wealth Strategies & Associates cut its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 98.6% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,395 shares of the exchange traded fund’s stock after selling 172,788 shares during the period. Global Wealth Strategies & Associates’ holdings in Vanguard Mortgage-Backed Securities ETF were worth $111,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC raised its stake in Vanguard Mortgage-Backed Securities ETF by 37.1% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 208,728 shares of the exchange traded fund’s stock valued at $9,464,000 after acquiring an additional 56,504 shares during the last quarter. Steward Partners Investment Advisory LLC raised its stake in Vanguard Mortgage-Backed Securities ETF by 99.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 10,099 shares of the exchange traded fund’s stock valued at $458,000 after acquiring an additional 5,032 shares during the last quarter. Blair William & Co. IL raised its stake in Vanguard Mortgage-Backed Securities ETF by 93.2% during the 4th quarter. Blair William & Co. IL now owns 5,938 shares of the exchange traded fund’s stock valued at $269,000 after acquiring an additional 2,865 shares during the last quarter. Centurion Wealth Management LLC raised its stake in Vanguard Mortgage-Backed Securities ETF by 64.2% during the 4th quarter. Centurion Wealth Management LLC now owns 48,635 shares of the exchange traded fund’s stock valued at $2,205,000 after acquiring an additional 19,008 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its stake in Vanguard Mortgage-Backed Securities ETF by 2.2% during the 4th quarter. Farther Finance Advisors LLC now owns 11,817 shares of the exchange traded fund’s stock valued at $536,000 after acquiring an additional 259 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.1%

VMBS opened at $45.47 on Thursday. The business has a 50 day moving average price of $45.79 and a two-hundred day moving average price of $45.74. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.48 and a 52 week high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, May 5th. Stockholders of record on Thursday, May 1st were paid a dividend of $0.1977 per share. This represents a $2.37 dividend on an annualized basis and a dividend yield of 5.22%. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16. The ex-dividend date was Thursday, May 1st.

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).