Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Purchased by Summit Global Investments

Summit Global Investments increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 3.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,219 shares of the exchange traded fund’s stock after purchasing an additional 401 shares during the period. Summit Global Investments’ holdings in Vanguard Mortgage-Backed Securities ETF were worth $509,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Truvestments Capital LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF in the third quarter valued at approximately $35,000. POM Investment Strategies LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter valued at $37,000. Synergy Investment Management LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth $84,000. Richard W. Paul & Associates LLC grew its position in Vanguard Mortgage-Backed Securities ETF by 11.8% during the fourth quarter. Richard W. Paul & Associates LLC now owns 2,432 shares of the exchange traded fund’s stock valued at $110,000 after buying an additional 257 shares during the period. Finally, Cape Investment Advisory Inc. increased its holdings in Vanguard Mortgage-Backed Securities ETF by 78.8% in the fourth quarter. Cape Investment Advisory Inc. now owns 2,439 shares of the exchange traded fund’s stock valued at $111,000 after buying an additional 1,075 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.5 %

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $45.99 on Tuesday. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.04 and a fifty-two week high of $47.59. The firm has a 50-day simple moving average of $45.77 and a two-hundred day simple moving average of $46.01.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given a dividend of $0.1588 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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).