International Assets Investment Management LLC Makes New $4.35 Million Investment in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

International Assets Investment Management LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 93,925 shares of the exchange traded fund’s stock, valued at approximately $4,354,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Sugarloaf Wealth Management LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at approximately $27,000. Citigroup Inc. raised its holdings in Vanguard Mortgage-Backed Securities ETF by 194.0% during the third quarter. Citigroup Inc. now owns 1,379 shares of the exchange traded fund’s stock worth $60,000 after buying an additional 910 shares during the last quarter. City Holding Co. bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at $61,000. Larson Financial Group LLC grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 72.7% during the third quarter. Larson Financial Group LLC now owns 1,912 shares of the exchange traded fund’s stock valued at $84,000 after buying an additional 805 shares during the last quarter. Finally, Capital Investment Advisory Services LLC raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 359.8% in the 3rd quarter. Capital Investment Advisory Services LLC now owns 2,244 shares of the exchange traded fund’s stock worth $98,000 after acquiring an additional 1,756 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of VMBS opened at $44.82 on Thursday. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $42.06 and a 52 week high of $46.95. The stock has a 50 day moving average price of $45.02 and a two-hundred day moving average price of $45.07.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Monday, May 6th. Stockholders of record on Thursday, May 2nd were paid a $0.148 dividend. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date was Wednesday, May 1st. This represents a $1.78 annualized dividend and a dividend yield of 3.96%.

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).