Lockerman Financial Group Inc. Reduces Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Lockerman Financial Group Inc. lowered its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 4.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,489 shares of the exchange traded fund’s stock after selling 334 shares during the quarter. Lockerman Financial Group Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $306,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in VMBS. Asset Dedication LLC raised its position in Vanguard Mortgage-Backed Securities ETF by 3,666.7% in the 2nd quarter. Asset Dedication LLC now owns 565 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 550 shares during the period. Carmichael Hill & Associates Inc. raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 59.7% in the second quarter. Carmichael Hill & Associates Inc. now owns 736 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 275 shares during the period. Headlands Technologies LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 1st quarter worth approximately $36,000. Armstrong Advisory Group Inc. purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at $45,000. Finally, FSA Wealth Management LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 1st quarter valued at $53,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

VMBS stock traded up $0.11 during midday trading on Tuesday, reaching $46.54. The company’s stock had a trading volume of 1,256,151 shares, compared to its average volume of 1,613,990. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $42.06 and a 1 year high of $47.59. The stock has a fifty day simple moving average of $46.96 and a two-hundred day simple moving average of $45.85.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, October 3rd. Investors of record on Tuesday, October 1st were paid a $0.145 dividend. This represents a $1.74 annualized dividend and a yield of 3.74%. The ex-dividend date of this dividend was Tuesday, October 1st.

Vanguard Mortgage-Backed Securities ETF 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).