Diversify Wealth Management LLC Raises Stock Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Diversify Wealth Management LLC grew its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 16.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 125,847 shares of the exchange traded fund’s stock after buying an additional 18,119 shares during the period. Diversify Wealth Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $5,911,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the stock. Angeles Investment Advisors LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the third quarter valued at $90,328,000. JPMorgan Chase & Co. increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 2.5% during the third quarter. JPMorgan Chase & Co. now owns 50,924,140 shares of the exchange traded fund’s stock worth $2,391,398,000 after purchasing an additional 1,253,241 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 5.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 22,220,955 shares of the exchange traded fund’s stock valued at $1,043,496,000 after purchasing an additional 1,139,467 shares during the last quarter. Woodard & Co. Asset Management Group Inc. ADV boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 1,012,969.1% in the 3rd quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 688,887 shares of the exchange traded fund’s stock valued at $32,350,000 after purchasing an additional 688,819 shares during the period. Finally, Bank of America Corp DE boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 1.2% in the second quarter. Bank of America Corp DE now owns 53,150,304 shares of the exchange traded fund’s stock valued at $2,462,985,000 after acquiring an additional 643,509 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.3%

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $47.77 on Friday. The firm’s fifty day simple moving average is $47.27 and its 200-day simple moving average is $47.07. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $44.85 and a 12 month high of $47.79.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were issued a $0.1645 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

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). 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).