Sugarloaf Wealth Management LLC Lowers Stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Sugarloaf Wealth Management LLC trimmed its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 39.7% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 1,089 shares of the exchange traded fund’s stock after selling 717 shares during the period. Sugarloaf Wealth Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $49,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in VMBS. Kovitz Investment Group Partners LLC increased its stake in Vanguard Mortgage-Backed Securities ETF by 976.7% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 2,036,034 shares of the exchange traded fund’s stock valued at $95,912,000 after buying an additional 1,846,939 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 26.1% during the third quarter. JPMorgan Chase & Co. now owns 8,581,819 shares of the exchange traded fund’s stock worth $405,148,000 after acquiring an additional 1,777,531 shares during the period. Raymond James & Associates raised its holdings in Vanguard Mortgage-Backed Securities ETF by 102.5% during the third quarter. Raymond James & Associates now owns 3,431,563 shares of the exchange traded fund’s stock worth $162,004,000 after purchasing an additional 1,737,364 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in Vanguard Mortgage-Backed Securities ETF by 3.6% in the second quarter. Envestnet Asset Management Inc. now owns 19,115,115 shares of the exchange traded fund’s stock valued at $867,826,000 after purchasing an additional 659,720 shares during the period. Finally, Intelligence Driven Advisers LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the 3rd quarter valued at approximately $29,555,000.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.7 %

NASDAQ VMBS opened at $44.77 on Friday. The business’s 50 day moving average is $45.67 and its two-hundred day moving average is $46.19. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $44.04 and a 12-month high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were issued a dividend of $0.1522 per share. The ex-dividend date of this dividend was Tuesday, December 24th. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.14.

About Vanguard Mortgage-Backed Securities ETF

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).