Emergent Wealth Advisors LLC Sells 15,454 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

Emergent Wealth Advisors LLC cut its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 23.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,159 shares of the exchange traded fund’s stock after selling 15,454 shares during the period. Vanguard Mortgage-Backed Securities ETF accounts for approximately 1.3% of Emergent Wealth Advisors LLC’s investment portfolio, making the stock its 18th biggest holding. Emergent Wealth Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $2,314,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Imprint Wealth LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter worth approximately $25,000. Evolution Wealth Management Inc. acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the second quarter valued at approximately $34,000. Tidemark LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 665.4% during the third quarter. Tidemark LLC now owns 796 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 692 shares in the last quarter. Fortitude Family Office LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter valued at approximately $38,000. Finally, Millstone Evans Group LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 103.7% during the third quarter. Millstone Evans Group LLC now owns 829 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 422 shares during the period.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.1%

Shares of VMBS opened at $46.56 on Friday. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $44.85 and a 12-month high of $47.90. The business’s fifty day moving average is $47.24 and its 200 day moving average is $47.15.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.1609 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.1%.

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). 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).