RKL Wealth Management LLC Lowers Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

RKL Wealth Management LLC lowered its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 3.0% in the first quarter, HoldingsChannel reports. The fund owned 397,350 shares of the exchange traded fund’s stock after selling 12,406 shares during the quarter. Vanguard Mortgage-Backed Securities ETF makes up about 1.7% of RKL Wealth Management LLC’s portfolio, making the stock its 14th largest position. RKL Wealth Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $18,656,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. DecisionPoint Financial LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth approximately $25,000. Glen Eagle Advisors LLC increased its position in Vanguard Mortgage-Backed Securities ETF by 1,609.7% during the fourth quarter. Glen Eagle Advisors LLC now owns 530 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 499 shares during the last quarter. Imprint Wealth LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the third quarter worth approximately $25,000. Kingdom Financial Group LLC. purchased a new position in Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth approximately $29,000. Finally, MilWealth Group LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth approximately $30,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of NASDAQ VMBS opened at $46.57 on Thursday. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $45.69 and a 52-week high of $47.90. The firm has a fifty day moving average of $46.73 and a 200-day moving average of $47.01.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, July 6th. Investors of record on Wednesday, July 1st will be issued a $0.1645 dividend. The ex-dividend date is Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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). 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).