Robinswood Financial LLC Acquires Shares of 333,647 Vanguard Mortgage-Backed Securities ETF $VMBS

Robinswood Financial LLC bought a new position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the 1st quarter, Holdings Channel reports. The institutional investor bought 333,647 shares of the exchange traded fund’s stock, valued at approximately $15,665,000. Vanguard Mortgage-Backed Securities ETF comprises approximately 19.7% of Robinswood Financial LLC’s investment portfolio, making the stock its biggest position.

A number of other institutional investors have also recently modified their holdings of the stock. Level Financial Advisors increased its stake in Vanguard Mortgage-Backed Securities ETF by 8.9% during the 4th quarter. Level Financial Advisors now owns 237,034 shares of the exchange traded fund’s stock valued at $11,160,000 after purchasing an additional 19,361 shares in the last quarter. Merit Financial Group LLC grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 35.6% during the fourth quarter. Merit Financial Group LLC now owns 1,234,060 shares of the exchange traded fund’s stock valued at $58,100,000 after buying an additional 324,265 shares during the last quarter. Tran Capital Management L.P. increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 578.9% during the fourth quarter. Tran Capital Management L.P. now owns 57,746 shares of the exchange traded fund’s stock valued at $2,719,000 after acquiring an additional 49,240 shares in the last quarter. Apella Capital LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at approximately $606,000. Finally, Signal Advisors Wealth LLC raised its holdings in Vanguard Mortgage-Backed Securities ETF by 88.5% in the 1st quarter. Signal Advisors Wealth LLC now owns 89,461 shares of the exchange traded fund’s stock worth $4,200,000 after acquiring an additional 41,995 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS stock opened at $46.06 on Monday. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $45.98 and a 12-month high of $47.90. The stock’s 50 day simple moving average is $46.56 and its 200 day simple moving average is $46.90.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were issued a $0.1645 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

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).