Graetz Wealth LLC Buys Shares of 53,502 Vanguard Mortgage-Backed Securities ETF $VMBS

Graetz Wealth LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 53,502 shares of the exchange traded fund’s stock, valued at approximately $2,519,000. Vanguard Mortgage-Backed Securities ETF comprises approximately 2.3% of Graetz Wealth LLC’s portfolio, making the stock its 17th biggest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. City State Bank boosted its stake in Vanguard Mortgage-Backed Securities ETF by 0.6% in the fourth quarter. City State Bank now owns 36,957 shares of the exchange traded fund’s stock valued at $1,740,000 after acquiring an additional 235 shares during the last quarter. Maia Wealth LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 2.6% in the third quarter. Maia Wealth LLC now owns 9,323 shares of the exchange traded fund’s stock valued at $438,000 after acquiring an additional 240 shares during the last quarter. Saranac Partners Ltd boosted its stake in Vanguard Mortgage-Backed Securities ETF by 2.1% in the fourth quarter. Saranac Partners Ltd now owns 11,728 shares of the exchange traded fund’s stock valued at $552,000 after acquiring an additional 245 shares during the last quarter. Dunhill Financial LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 36.2% in the fourth quarter. Dunhill Financial LLC now owns 926 shares of the exchange traded fund’s stock valued at $44,000 after acquiring an additional 246 shares during the last quarter. Finally, Richardson Financial Services Inc. boosted its stake in Vanguard Mortgage-Backed Securities ETF by 5.3% in the fourth quarter. Richardson Financial Services Inc. now owns 5,164 shares of the exchange traded fund’s stock valued at $240,000 after acquiring an additional 260 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of VMBS stock opened at $46.77 on Friday. The firm’s 50 day moving average is $46.79 and its 200 day moving average is $47.05. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $45.59 and a 12 month high of $47.90.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were paid a dividend of $0.1634 per share. The ex-dividend date was Monday, June 1st. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16.

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).