Diversify Wealth Management LLC Acquires 702,394 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

Diversify Wealth Management LLC grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 382.7% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 885,936 shares of the exchange traded fund’s stock after buying an additional 702,394 shares during the period. Vanguard Mortgage-Backed Securities ETF accounts for 0.8% of Diversify Wealth Management LLC’s portfolio, making the stock its 22nd biggest position. Diversify Wealth Management LLC owned approximately 0.28% of Vanguard Mortgage-Backed Securities ETF worth $41,471,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. DecisionPoint Financial LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at $25,000. Glen Eagle Advisors LLC lifted 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 worth $25,000 after purchasing an additional 499 shares during the period. Imprint Wealth LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 3rd quarter worth about $25,000. Ascentis Independent Advisors purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 1st quarter worth about $27,000. Finally, Kingdom Financial Group LLC. bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at about $29,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of NASDAQ VMBS traded down $0.03 during midday trading on Friday, hitting $46.44. 1,081,373 shares of the company traded hands, compared to its average volume of 1,631,590. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $45.69 and a 12-month high of $47.90. The stock has a 50-day moving average price of $46.66 and a 200 day moving average price of $46.98.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.1645 per share. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Wednesday, July 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).