1620 Investment Advisors Inc. Cuts Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

1620 Investment Advisors Inc. trimmed its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 48.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,028 shares of the exchange traded fund’s stock after selling 950 shares during the quarter. 1620 Investment Advisors Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $49,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Empirical Asset Management LLC raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 0.7% during the 3rd quarter. Empirical Asset Management LLC now owns 37,683 shares of the exchange traded fund’s stock valued at $1,779,000 after buying an additional 247 shares during the period. Carmichael Hill & Associates Inc. raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 59.7% during the 2nd quarter. Carmichael Hill & Associates Inc. now owns 736 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 275 shares during the period. AA Financial Advisors LLC grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 5.7% in the 2nd quarter. AA Financial Advisors LLC now owns 6,370 shares of the exchange traded fund’s stock worth $289,000 after acquiring an additional 343 shares in the last quarter. Bessemer Group Inc. grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 8.0% in the 1st quarter. Bessemer Group Inc. now owns 4,710 shares of the exchange traded fund’s stock worth $215,000 after acquiring an additional 350 shares in the last quarter. Finally, Transform Wealth LLC grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 8.0% in the 3rd quarter. Transform Wealth LLC now owns 4,829 shares of the exchange traded fund’s stock worth $228,000 after acquiring an additional 356 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.1 %

Shares of VMBS opened at $45.88 on Thursday. The stock has a 50 day moving average of $46.83 and a 200-day moving average of $45.94. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $42.63 and a 52 week high of $47.59.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, October 3rd. Investors of record on Tuesday, October 1st were given a dividend of $0.145 per share. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.74 dividend on an annualized basis and a yield of 3.79%.

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).