Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Sold by Summit Wealth Group LLC

Summit Wealth Group LLC decreased its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 6.1% in the 4th quarter, HoldingsChannel.com reports. The fund owned 28,896 shares of the exchange traded fund’s stock after selling 1,872 shares during the quarter. Summit Wealth Group LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $1,310,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of VMBS. PFG Investments LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF in the third quarter worth $491,000. Pallas Capital Advisors LLC grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 8.6% in the third quarter. Pallas Capital Advisors LLC now owns 609,140 shares of the exchange traded fund’s stock worth $28,027,000 after acquiring an additional 48,183 shares in the last quarter. Cantor Fitzgerald Investment Advisors L.P. grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 8.8% in the third quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 824,831 shares of the exchange traded fund’s stock worth $38,940,000 after acquiring an additional 66,463 shares in the last quarter. Diversify Advisory Services LLC grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 9.5% in the third quarter. Diversify Advisory Services LLC now owns 145,195 shares of the exchange traded fund’s stock worth $6,689,000 after acquiring an additional 12,577 shares in the last quarter. Finally, Strategic Blueprint LLC grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 4.5% in the third quarter. Strategic Blueprint LLC now owns 212,948 shares of the exchange traded fund’s stock worth $10,053,000 after acquiring an additional 9,099 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ:VMBS opened at $46.28 on Wednesday. The company has a fifty day simple moving average of $45.40 and a two-hundred day simple moving average of $46.11. 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 company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a dividend of $0.1598 per share. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Monday, February 3rd.

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).