OneAscent Financial Services LLC Decreases Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

OneAscent Financial Services LLC cut its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 8.2% during the 1st quarter, HoldingsChannel reports. The firm owned 260,524 shares of the exchange traded fund’s stock after selling 23,142 shares during the quarter. Vanguard Mortgage-Backed Securities ETF accounts for about 1.3% of OneAscent Financial Services LLC’s portfolio, making the stock its 13th largest position. OneAscent Financial Services LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $11,883,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Sugarloaf Wealth Management LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth about $27,000. Bradley & Co. Private Wealth Management LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth $29,000. Addison Advisors LLC increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 44.6% in the fourth quarter. Addison Advisors LLC now owns 849 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 262 shares during the last quarter. SouthState Corp bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth $57,000. Finally, Citigroup Inc. increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 194.0% in the third quarter. Citigroup Inc. now owns 1,379 shares of the exchange traded fund’s stock worth $60,000 after buying an additional 910 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.4 %

Shares of NASDAQ:VMBS traded down $0.20 during midday trading on Friday, reaching $45.40. The company had a trading volume of 1,297,869 shares, compared to its average volume of 1,505,587. The stock’s fifty day moving average price is $45.07 and its 200-day moving average price is $45.38. Vanguard Mortgage-Backed Securities ETF has a one year low of $42.06 and a one year high of $46.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, July 3rd. Investors of record on Monday, July 1st will be paid a $0.151 dividend. This represents a $1.81 dividend on an annualized basis and a dividend yield of 3.99%. The ex-dividend date is Monday, July 1st. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15.

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).