Vanguard Mortgage-Backed Securities ETF $VMBS Shares Purchased by Quantum Financial Advisors LLC

Quantum Financial Advisors LLC raised its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 4.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 373,096 shares of the exchange traded fund’s stock after acquiring an additional 14,261 shares during the quarter. Vanguard Mortgage-Backed Securities ETF accounts for about 2.1% of Quantum Financial Advisors LLC’s investment portfolio, making the stock its 12th biggest position. Quantum Financial Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $17,521,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in VMBS. Legacy Investment Solutions LLC bought a new position in Vanguard Mortgage-Backed Securities ETF in the 2nd quarter worth approximately $32,000. Evolution Wealth Management Inc. acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the second quarter valued at $34,000. CENTRAL TRUST Co acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the second quarter worth about $38,000. Bellevue Asset Management LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF during the 2nd quarter valued at about $39,000. Finally, AlphaCore Capital LLC lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 71.7% in the 2nd quarter. AlphaCore Capital LLC now owns 884 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 369 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of NASDAQ:VMBS opened at $47.13 on Thursday. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $44.65 and a 12 month high of $47.46. The stock’s 50 day moving average price is $47.13 and its 200 day moving average price is $46.60.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Investors of record on Monday, December 1st were paid a dividend of $0.1615 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) annualized dividend and a yield of 4.1%.

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).