M Holdings Securities Inc. Purchases New Stake in Vanguard Mortgage-Backed Securities ETF $VMBS

M Holdings Securities Inc. purchased a new stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 53,067 shares of the exchange traded fund’s stock, valued at approximately $2,498,000.

Other hedge funds have also added to or reduced their stakes in the company. DecisionPoint Financial LLC bought a new position in Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at about $25,000. Imprint Wealth LLC bought a new position in Vanguard Mortgage-Backed Securities ETF in the third quarter valued at about $25,000. Kingdom Financial Group LLC. bought a new position in Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at about $29,000. MilWealth Group LLC bought a new position in Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at about $30,000. Finally, Key Financial Inc boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 128.9% in the fourth quarter. Key Financial Inc now owns 641 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 361 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.0%

Vanguard Mortgage-Backed Securities ETF stock opened at $46.50 on Thursday. The business’s 50-day simple moving average is $46.80 and its 200 day simple moving average is $47.05. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $45.59 and a 12-month high of $47.90.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced 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. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16. The ex-dividend date was Monday, June 1st.

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).