HBK Sorce Advisory LLC Has $28.34 Million Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

HBK Sorce Advisory LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 13.6% in the fourth quarter, Holdings Channel reports. The firm owned 600,200 shares of the exchange traded fund’s stock after purchasing an additional 71,854 shares during the quarter. Vanguard Mortgage-Backed Securities ETF accounts for about 0.7% of HBK Sorce Advisory LLC’s investment portfolio, making the stock its 16th largest position. HBK Sorce Advisory LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $28,341,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Imprint Wealth LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF in the third quarter valued at about $25,000. DecisionPoint Financial LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at about $25,000. Kingdom Financial Group LLC. acquired a new position in Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at about $29,000. MilWealth Group LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at about $30,000. Finally, Tidemark LLC raised its stake in Vanguard Mortgage-Backed Securities ETF by 665.4% in the third quarter. Tidemark LLC now owns 796 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 692 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS stock opened at $46.57 on Monday. The business has a 50-day simple moving average of $46.85 and a 200 day simple moving average of $47.09. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $45.21 and a 52 week high of $47.90.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were paid a $0.1609 dividend. The ex-dividend date of this dividend was Friday, May 1st.

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).