Sofi Wealth LLC Acquires 139,605 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

Sofi Wealth LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 20.1% in the first quarter, HoldingsChannel reports. The firm owned 832,475 shares of the exchange traded fund’s stock after acquiring an additional 139,605 shares during the period. Vanguard Mortgage-Backed Securities ETF comprises about 1.9% of Sofi Wealth LLC’s investment portfolio, making the stock its 17th largest holding. Sofi Wealth LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $39,085,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. City State Bank lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 0.6% in the 4th quarter. City State Bank now owns 36,957 shares of the exchange traded fund’s stock valued at $1,740,000 after buying an additional 235 shares during the period. Genesis Private Wealth LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 1.1% during the 1st quarter. Genesis Private Wealth LLC now owns 20,912 shares of the exchange traded fund’s stock valued at $982,000 after purchasing an additional 237 shares in the last quarter. Maia Wealth LLC lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.6% in the 3rd quarter. Maia Wealth LLC now owns 9,323 shares of the exchange traded fund’s stock valued at $438,000 after purchasing an additional 240 shares during the period. Rehmann Capital Advisory Group boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 3.2% during the fourth quarter. Rehmann Capital Advisory Group now owns 7,931 shares of the exchange traded fund’s stock worth $373,000 after buying an additional 243 shares in the last quarter. Finally, Saranac Partners Ltd boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 2.1% during the fourth quarter. Saranac Partners Ltd now owns 11,728 shares of the exchange traded fund’s stock worth $552,000 after buying an additional 245 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

VMBS stock opened at $46.45 on Friday. Vanguard Mortgage-Backed Securities ETF has a one year low of $45.78 and a one year high of $47.90. The firm’s fifty day moving average is $46.63 and its 200 day moving average is $46.96.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.1645 per share. This represents a c) annualized dividend and a dividend yield of 4.2%. 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).