Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Stake Reduced by Veery Capital LLC

Veery Capital LLC lessened its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 12.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,087 shares of the exchange traded fund’s stock after selling 1,652 shares during the period. Veery Capital LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $551,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of VMBS. Sugarloaf Wealth Management LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth about $27,000. Bradley & Co. Private Wealth Management LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter valued at about $29,000. Addison Advisors LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 44.6% in the 4th quarter. Addison Advisors LLC now owns 849 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 262 shares during the period. SouthState Corp acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter valued at about $57,000. Finally, Citigroup Inc. increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 194.0% in the 3rd quarter. Citigroup Inc. now owns 1,379 shares of the exchange traded fund’s stock valued at $60,000 after purchasing an additional 910 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of VMBS traded up $0.25 during trading hours on Thursday, reaching $45.26. The company’s stock had a trading volume of 759,167 shares, compared to its average volume of 1,507,875. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $42.06 and a 1-year high of $46.59. The company has a 50 day moving average of $45.10 and a two-hundred day moving average of $45.36.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, July 3rd. Investors of record on Monday, July 1st were paid a $0.151 dividend. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date was Monday, July 1st. This represents a $1.81 annualized dividend and a dividend yield of 4.00%.

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).