Vanguard Mortgage-Backed Securities ETF $VMBS Shares Sold by Premier Path Wealth Partners LLC

Premier Path Wealth Partners LLC reduced its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 15.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 111,664 shares of the exchange traded fund’s stock after selling 20,436 shares during the quarter. Premier Path Wealth Partners LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $5,243,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of VMBS. Brighton Jones LLC boosted its position in Vanguard Mortgage-Backed Securities ETF by 4.6% during the 4th quarter. Brighton Jones LLC now owns 7,833 shares of the exchange traded fund’s stock worth $355,000 after purchasing an additional 347 shares during the period. AQR Capital Management LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF in the first quarter valued at about $342,000. Focus Partners Wealth purchased a new position in Vanguard Mortgage-Backed Securities ETF in the first quarter valued at about $921,000. Baird Financial Group Inc. purchased a new position in Vanguard Mortgage-Backed Securities ETF in the second quarter valued at about $210,000. Finally, Brown Advisory Inc. lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 26.0% during the second quarter. Brown Advisory Inc. now owns 6,411 shares of the exchange traded fund’s stock worth $297,000 after purchasing an additional 1,323 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of VMBS opened at $46.81 on Wednesday. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $45.69 and a 12 month high of $47.90. The stock’s 50-day moving average is $46.74 and its two-hundred day moving average is $47.02.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, June 3rd. Investors 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 an increase 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).