Focus Partners Wealth Invests $113.42 Million in Vanguard Mortgage-Backed Securities ETF $VMBS

Focus Partners Wealth purchased a new position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 2,409,074 shares of the exchange traded fund’s stock, valued at approximately $113,419,000. Focus Partners Wealth owned about 0.76% of Vanguard Mortgage-Backed Securities ETF at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the business. City State Bank boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 0.6% in the 4th quarter. City State Bank now owns 36,957 shares of the exchange traded fund’s stock valued at $1,740,000 after purchasing an additional 235 shares in the last quarter. Maia Wealth LLC boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.6% in the 3rd quarter. Maia Wealth LLC now owns 9,323 shares of the exchange traded fund’s stock valued at $438,000 after purchasing an additional 240 shares in the last quarter. Saranac Partners Ltd boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.1% in the 4th quarter. Saranac Partners Ltd now owns 11,728 shares of the exchange traded fund’s stock valued at $552,000 after purchasing an additional 245 shares in the last quarter. Dunhill Financial LLC boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 36.2% in the 4th quarter. Dunhill Financial LLC now owns 926 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 246 shares in the last quarter. Finally, Richardson Financial Services Inc. boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 5.3% in the 4th quarter. Richardson Financial Services Inc. now owns 5,164 shares of the exchange traded fund’s stock valued at $240,000 after purchasing an additional 260 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $46.68 on Monday. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $45.59 and a 52-week high of $47.90. The company has a fifty day moving average of $46.79 and a 200-day moving average of $47.04.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were paid a $0.1634 dividend. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Monday, June 1st.

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).