Vanguard Mortgage-Backed Securities ETF $VMBS Stake Cut by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC reduced its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 10.4% in the third quarter, HoldingsChannel.com reports. The fund owned 196,547 shares of the exchange traded fund’s stock after selling 22,730 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $9,230,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Transatlantique Private Wealth LLC grew its position in Vanguard Mortgage-Backed Securities ETF by 30.8% in the 3rd quarter. Transatlantique Private Wealth LLC now owns 27,572 shares of the exchange traded fund’s stock valued at $1,295,000 after buying an additional 6,495 shares in the last quarter. Clearstead Advisors LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 17.2% during the 3rd quarter. Clearstead Advisors LLC now owns 2,550,703 shares of the exchange traded fund’s stock worth $119,781,000 after buying an additional 374,910 shares in the last quarter. Intelligence Driven Advisers LLC lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 7.2% in the 3rd quarter. Intelligence Driven Advisers LLC now owns 539,655 shares of the exchange traded fund’s stock worth $25,342,000 after acquiring an additional 36,404 shares during the period. Alteri Wealth LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 7.9% in the third quarter. Alteri Wealth LLC now owns 13,350 shares of the exchange traded fund’s stock valued at $627,000 after acquiring an additional 976 shares in the last quarter. Finally, Vestmark Advisory Solutions Inc. boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 30.2% in the third quarter. Vestmark Advisory Solutions Inc. now owns 38,862 shares of the exchange traded fund’s stock valued at $1,825,000 after acquiring an additional 9,004 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $47.69 on Tuesday. The business has a fifty day simple moving average of $47.24 and a 200-day simple moving average of $47.05. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.85 and a fifty-two week high of $47.76.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were given a dividend of $0.1645 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date was Monday, February 2nd. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16.

About Vanguard Mortgage-Backed Securities ETF

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). The Index covers the United States agency mortgage-backed, pass-through securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).