Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Position Increased by Transform Wealth LLC

Transform Wealth LLC increased its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 41.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 6,808 shares of the exchange traded fund’s stock after acquiring an additional 1,979 shares during the period. Transform Wealth LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $309,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Truvestments Capital LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter valued at $35,000. Castleview Partners LLC lifted its position in Vanguard Mortgage-Backed Securities ETF by 531.9% in the 3rd quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 734 shares during the last quarter. Armstrong Advisory Group Inc. bought a new stake in Vanguard Mortgage-Backed Securities ETF in the 3rd quarter valued at about $45,000. First PREMIER Bank boosted its stake in Vanguard Mortgage-Backed Securities ETF by 214.5% during 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 period. Finally, Sugarloaf Wealth Management LLC grew its position 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 during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of NASDAQ:VMBS opened at $45.46 on Wednesday. The firm’s 50 day moving average is $45.59 and its two-hundred day moving average is $46.19. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.04 and a 52 week high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were given a $0.1522 dividend. This is a boost 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 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).