UP Strategic Wealth Investment Advisors LLC Makes New $406,000 Investment in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

UP Strategic Wealth Investment Advisors LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 8,950 shares of the exchange traded fund’s stock, valued at approximately $406,000.

A number of other hedge funds have also modified their holdings of VMBS. World Investment Advisors LLC increased its holdings in Vanguard Mortgage-Backed Securities ETF by 60.9% in the 3rd quarter. World Investment Advisors LLC now owns 11,796 shares of the exchange traded fund’s stock worth $557,000 after buying an additional 4,467 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in Vanguard Mortgage-Backed Securities ETF during the third quarter valued at $319,000. Alternative Investment Advisors LLC. boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 266.3% in the third quarter. Alternative Investment Advisors LLC. now owns 28,654 shares of the exchange traded fund’s stock valued at $1,353,000 after purchasing an additional 20,831 shares during the last quarter. JPMorgan Chase & Co. grew its position in Vanguard Mortgage-Backed Securities ETF by 26.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,581,819 shares of the exchange traded fund’s stock worth $405,148,000 after purchasing an additional 1,777,531 shares during the period. Finally, Global Wealth Strategies & Associates lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 6.5% in the 4th quarter. Global Wealth Strategies & Associates now owns 175,183 shares of the exchange traded fund’s stock valued at $7,943,000 after buying an additional 10,730 shares during the period.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.6 %

Shares of VMBS stock opened at $45.94 on Friday. The stock has a 50 day moving average of $45.99 and a 200 day moving average of $45.80. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $44.06 and a twelve month high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were given a dividend of $0.164 per share. The ex-dividend date was Tuesday, April 1st. This is a boost 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 4.28%.

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).