Montis Financial LLC Lowers Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Montis Financial LLC lessened its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 54.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,768 shares of the exchange traded fund’s stock after selling 11,631 shares during the quarter. Montis Financial LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $460,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Imprint Wealth LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at approximately $25,000. DecisionPoint Financial LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at approximately $25,000. Kingdom Financial Group LLC. purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at approximately $29,000. MilWealth Group LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at approximately $30,000. Finally, Key Financial Inc grew its holdings in Vanguard Mortgage-Backed Securities ETF by 128.9% during the 4th quarter. Key Financial Inc now owns 641 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 361 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ VMBS opened at $46.40 on Tuesday. The business has a 50 day simple moving average of $46.81 and a two-hundred day simple moving average of $47.06. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $45.29 and a 1-year high of $47.90.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were issued a dividend of $0.1634 per share. The ex-dividend date was Monday, June 1st. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16.

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). 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).