Montis Financial LLC Takes Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Montis Financial LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 54,578 shares of the exchange traded fund’s stock, valued at approximately $2,475,000. Vanguard Mortgage-Backed Securities ETF makes up about 0.8% of Montis Financial LLC’s investment portfolio, making the stock its 24th largest position.

Other institutional investors have also recently made changes to their positions in the company. Truvestments Capital LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter valued at approximately $35,000. POM Investment Strategies LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at approximately $37,000. Synergy Investment Management LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at approximately $84,000. Richard W. Paul & Associates LLC lifted its position in Vanguard Mortgage-Backed Securities ETF by 11.8% during the fourth quarter. Richard W. Paul & Associates LLC now owns 2,432 shares of the exchange traded fund’s stock valued at $110,000 after purchasing an additional 257 shares during the period. Finally, Cape Investment Advisory Inc. lifted its position in Vanguard Mortgage-Backed Securities ETF by 78.8% during the fourth quarter. Cape Investment Advisory Inc. now owns 2,439 shares of the exchange traded fund’s stock valued at $111,000 after purchasing an additional 1,075 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $45.98 on Friday. The company’s 50 day moving average is $45.63 and its 200 day moving average is $46.06. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $44.04 and a twelve month high of $47.59.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a dividend of $0.1588 per share. The ex-dividend date was Monday, March 3rd.

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).