Etesian Wealth Advisors Inc. Takes $425,000 Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Etesian Wealth Advisors Inc. purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 9,003 shares of the exchange traded fund’s stock, valued at approximately $425,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Empirical Asset Management LLC grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 0.7% during the third quarter. Empirical Asset Management LLC now owns 37,683 shares of the exchange traded fund’s stock valued at $1,779,000 after purchasing an additional 247 shares during the last quarter. AdvisorNet Financial Inc lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 0.5% in the first quarter. AdvisorNet Financial Inc now owns 50,036 shares of the exchange traded fund’s stock valued at $2,282,000 after buying an additional 250 shares during the period. Carmichael Hill & Associates Inc. lifted its holdings in 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 valued at $33,000 after buying an additional 275 shares during the period. Security Financial Services INC. lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 1.1% in the first quarter. Security Financial Services INC. now owns 27,298 shares of the exchange traded fund’s stock valued at $1,245,000 after buying an additional 284 shares during the period. Finally, AA Financial Advisors LLC lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 5.7% in the second quarter. AA Financial Advisors LLC now owns 6,370 shares of the exchange traded fund’s stock valued at $289,000 after buying an additional 343 shares during the period.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.1 %

NASDAQ VMBS traded up $0.04 during trading hours on Friday, hitting $46.43. The company’s stock had a trading volume of 934,657 shares, compared to its average volume of 1,607,619. The stock has a fifty day moving average of $46.96 and a 200 day moving average of $45.87. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $42.06 and a twelve month high of $47.59.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently announced 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 of this dividend was Tuesday, October 1st. This represents a $1.74 annualized dividend and a yield of 3.75%.

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).