Lifeworks Advisors LLC Buys New Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Lifeworks Advisors LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 10,595 shares of the exchange traded fund’s stock, valued at approximately $500,000.

A number of other large investors have also recently made changes to their positions in the company. Asset Dedication LLC lifted its position in Vanguard Mortgage-Backed Securities ETF by 3,666.7% during the 2nd quarter. Asset Dedication LLC now owns 565 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 550 shares during the period. Carmichael Hill & Associates Inc. lifted its position in Vanguard Mortgage-Backed Securities ETF by 59.7% during the 2nd quarter. Carmichael Hill & Associates Inc. now owns 736 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 275 shares during the period. Headlands Technologies LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the 1st quarter worth approximately $36,000. Castleview Partners LLC raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 531.9% during the 3rd quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 734 shares in the last quarter. Finally, Armstrong Advisory Group Inc. purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 3rd quarter worth approximately $45,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of VMBS stock opened at $45.57 on Friday. The stock has a 50 day simple moving average of $46.59 and a 200-day simple moving average of $46.03. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $43.87 and a 12-month high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were paid a dividend of $0.153 per share. This represents a $1.84 dividend on an annualized basis and a dividend yield of 4.03%. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date was Friday, November 1st.

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).