Inspire Advisors LLC Sells 1,864 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Inspire Advisors LLC lessened its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 12.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 12,897 shares of the exchange traded fund’s stock after selling 1,864 shares during the quarter. Inspire Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $586,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of VMBS. Vantage Financial Partners LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter valued at about $394,000. Accretive Wealth Partners LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter valued at about $338,000. Beacon Pointe Advisors LLC boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 15.4% in the 4th quarter. Beacon Pointe Advisors LLC now owns 8,463 shares of the exchange traded fund’s stock valued at $392,000 after purchasing an additional 1,129 shares during the last quarter. Financial Advocates Investment Management bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter valued at about $1,378,000. Finally, Level Four Advisory Services LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 38.1% in the 4th quarter. Level Four Advisory Services LLC now owns 13,315 shares of the exchange traded fund’s stock valued at $617,000 after acquiring an additional 3,671 shares during the period.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.2 %

Shares of NASDAQ:VMBS opened at $47.45 on Friday. The firm’s 50 day simple moving average is $46.54 and its 200 day simple moving average is $45.62. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $42.06 and a fifty-two week high of $47.56.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were given a $0.154 dividend. This represents a $1.85 dividend on an annualized basis and a dividend yield of 3.89%. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Tuesday, September 3rd.

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).