Retirement Wealth Solutions LLC Buys Shares of 53,129 Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Retirement Wealth Solutions LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 53,129 shares of the exchange traded fund’s stock, valued at approximately $2,379,000. Vanguard Mortgage-Backed Securities ETF makes up approximately 2.0% of Retirement Wealth Solutions LLC’s portfolio, making the stock its 11th largest holding.

A number of other hedge funds have also recently made changes to their positions in the stock. Truvestments Capital LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at about $35,000. Castleview Partners LLC grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 531.9% during the third quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 734 shares during the last quarter. Armstrong Advisory Group Inc. acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter valued at about $45,000. First PREMIER Bank raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 214.5% in the 3rd quarter. First PREMIER Bank now owns 1,478 shares of the exchange traded fund’s stock valued at $70,000 after purchasing an additional 1,008 shares during the last quarter. Finally, Sugarloaf Wealth Management LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 34.1% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 1,806 shares of the exchange traded fund’s stock worth $85,000 after purchasing an additional 459 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $45.31 on Friday. The firm’s 50 day simple moving average is $45.60 and its two-hundred day simple moving average is $46.18. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $44.04 and a 12-month high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were paid a $0.1522 dividend. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.14. The ex-dividend date was Tuesday, December 24th.

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).