Marcum Wealth LLC Sells 2,853 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Marcum Wealth LLC lessened its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 18.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,923 shares of the exchange traded fund’s stock after selling 2,853 shares during the quarter. Marcum Wealth LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $610,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. First PREMIER Bank raised its holdings in Vanguard Mortgage-Backed Securities ETF by 214.5% during the third quarter. First PREMIER Bank now owns 1,478 shares of the exchange traded fund’s stock worth $70,000 after acquiring an additional 1,008 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 39.5% during the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 104,664 shares of the exchange traded fund’s stock worth $4,941,000 after purchasing an additional 29,632 shares in the last quarter. Parkside Advisors LLC raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 5.6% during the 3rd quarter. Parkside Advisors LLC now owns 526,698 shares of the exchange traded fund’s stock worth $24,865,000 after purchasing an additional 28,111 shares in the last quarter. Sovereign Financial Group Inc. boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 9.9% in the 3rd quarter. Sovereign Financial Group Inc. now owns 87,303 shares of the exchange traded fund’s stock valued at $4,122,000 after buying an additional 7,843 shares during the last quarter. Finally, Sugarloaf Wealth Management LLC grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 34.1% in the third quarter. Sugarloaf Wealth Management LLC now owns 1,806 shares of the exchange traded fund’s stock valued at $85,000 after buying an additional 459 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.1 %

NASDAQ VMBS opened at $46.43 on Friday. The firm’s fifty day moving average price is $46.97 and its two-hundred day moving average price is $45.83. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $42.06 and a 1 year high of $47.59.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were issued a $0.145 dividend. The ex-dividend date was Tuesday, October 1st. This represents a $1.74 annualized dividend and a dividend yield of 3.75%.

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).