RKL Wealth Management LLC Acquires 32,462 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

RKL Wealth Management LLC raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 7.9% in the third quarter, Holdings Channel reports. The institutional investor owned 445,308 shares of the exchange traded fund’s stock after acquiring an additional 32,462 shares during the period. Vanguard Mortgage-Backed Securities ETF comprises about 1.6% of RKL Wealth Management LLC’s portfolio, making the stock its 17th biggest holding. RKL Wealth Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $19,776,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Vision Retirement LLC boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 1,915.4% during the 1st quarter. Vision Retirement LLC now owns 524 shares of the exchange traded fund’s stock worth $25,000 after acquiring an additional 498 shares during the last quarter. Ascentis Independent Advisors bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 1st quarter valued at $27,000. Main Street Group LTD bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 1st quarter valued at $40,000. NBT Bank N A NY purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 1st quarter worth $46,000. Finally, Compass Financial Management LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 2nd quarter worth $52,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

Vanguard Mortgage-Backed Securities ETF stock traded down $0.02 during trading on Friday, reaching $44.91. The company had a trading volume of 2,550,886 shares, compared to its average volume of 1,718,199. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $43.95 and a 52 week high of $47.90. The firm’s 50-day simple moving average is $45.40 and its 200 day simple moving average is $46.22.

About Vanguard Mortgage-Backed Securities ETF

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).