Vanguard Mortgage-Backed Securities ETF $VMBS Shares Sold by Sagespring Wealth Partners LLC

Sagespring Wealth Partners LLC trimmed its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 69.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,210 shares of the exchange traded fund’s stock after selling 11,815 shares during the quarter. Sagespring Wealth Partners LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $245,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. BAM Wealth Management LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter worth approximately $633,000. Emergent Wealth Advisors LLC increased its stake in Vanguard Mortgage-Backed Securities ETF by 10.2% in the 3rd quarter. Emergent Wealth Advisors LLC now owns 64,613 shares of the exchange traded fund’s stock valued at $3,049,000 after buying an additional 6,006 shares during the period. Envestnet Portfolio Solutions Inc. raised its position in Vanguard Mortgage-Backed Securities ETF by 1.3% during the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 3,594,348 shares of the exchange traded fund’s stock worth $168,791,000 after buying an additional 47,444 shares during the last quarter. Oak Hill Wealth Advisors LLC lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 6.6% in the 3rd quarter. Oak Hill Wealth Advisors LLC now owns 112,208 shares of the exchange traded fund’s stock worth $5,269,000 after acquiring an additional 6,970 shares during the period. Finally, Ridgewood Investments LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 60.9% in the third quarter. Ridgewood Investments LLC now owns 34,758 shares of the exchange traded fund’s stock valued at $1,632,000 after acquiring an additional 13,161 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.0%

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $47.29 on Friday. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $44.85 and a 52-week high of $47.46. The company’s 50-day simple moving average is $47.15 and its 200-day simple moving average is $46.88.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd will be paid a dividend of $0.1645 per share. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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).