Arwa LLC Buys Shares of 12,363 Vanguard Mortgage-Backed Securities ETF $VMBS

Arwa LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 12,363 shares of the exchange traded fund’s stock, valued at approximately $582,000.

A number of other institutional investors have also made changes to their positions in VMBS. DecisionPoint Financial LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter valued at about $25,000. Glen Eagle Advisors LLC grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 1,609.7% in the 4th quarter. Glen Eagle Advisors LLC now owns 530 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 499 shares during the period. Imprint Wealth LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter worth approximately $25,000. Kingdom Financial Group LLC. acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth approximately $29,000. Finally, MilWealth Group LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth approximately $30,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of VMBS opened at $46.74 on Friday. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $45.69 and a twelve month high of $47.90. The firm’s 50 day moving average price is $46.77 and its two-hundred day moving average price is $47.02.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were issued a dividend of $0.1634 per share. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16. The ex-dividend date 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).