Stonehaven Wealth & Tax Solutions LLC Buys New Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Stonehaven Wealth & Tax Solutions LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 13,420 shares of the exchange traded fund’s stock, valued at approximately $608,000.

Other institutional investors have also added to or reduced their stakes in the company. Ally Invest Advisors Inc. boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 5.1% during the fourth quarter. Ally Invest Advisors Inc. now owns 1,183,604 shares of the exchange traded fund’s stock worth $53,664,000 after acquiring an additional 57,400 shares during the last quarter. Guggenheim Capital LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 18.3% during the 4th quarter. Guggenheim Capital LLC now owns 83,848 shares of the exchange traded fund’s stock valued at $3,802,000 after purchasing an additional 12,984 shares during the last quarter. Rossby Financial LCC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at about $405,000. CreativeOne Wealth LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 3.6% in the fourth quarter. CreativeOne Wealth LLC now owns 332,871 shares of the exchange traded fund’s stock worth $15,092,000 after purchasing an additional 11,439 shares during the last quarter. Finally, Mariner LLC lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 5.5% in the fourth quarter. Mariner LLC now owns 66,331 shares of the exchange traded fund’s stock worth $3,007,000 after buying an additional 3,456 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ VMBS opened at $45.80 on Wednesday. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $44.04 and a 1-year high of $47.59. The business has a 50 day simple moving average of $45.97 and a two-hundred day simple moving average of $45.86.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were issued a $0.164 dividend. The ex-dividend date was Tuesday, April 1st. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. This represents a $1.97 dividend on an annualized basis and a dividend yield of 4.30%.

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).