VCI Wealth Management LLC Trims Stock Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

VCI Wealth Management LLC decreased its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 21.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 143,735 shares of the exchange traded fund’s stock after selling 39,090 shares during the quarter. Vanguard Mortgage-Backed Securities ETF makes up 2.8% of VCI Wealth Management LLC’s investment portfolio, making the stock its 8th biggest holding. VCI Wealth Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $6,517,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of VMBS. Kovitz Investment Group Partners LLC boosted its position in Vanguard Mortgage-Backed Securities ETF by 976.7% during the third quarter. Kovitz Investment Group Partners LLC now owns 2,036,034 shares of the exchange traded fund’s stock valued at $95,912,000 after acquiring an additional 1,846,939 shares during the last quarter. JPMorgan Chase & Co. boosted its position in Vanguard Mortgage-Backed Securities ETF by 26.1% during the third quarter. JPMorgan Chase & Co. now owns 8,581,819 shares of the exchange traded fund’s stock valued at $405,148,000 after acquiring an additional 1,777,531 shares during the last quarter. Raymond James & Associates boosted its position in Vanguard Mortgage-Backed Securities ETF by 102.5% during the third quarter. Raymond James & Associates now owns 3,431,563 shares of the exchange traded fund’s stock valued at $162,004,000 after acquiring an additional 1,737,364 shares during the last quarter. Intelligence Driven Advisers LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF during the third quarter valued at $29,555,000. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 63.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,266,633 shares of the exchange traded fund’s stock worth $59,798,000 after purchasing an additional 489,804 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS stock opened at $45.58 on Tuesday. The company’s 50-day moving average is $45.57 and its 200-day moving average is $46.18. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $44.04 and a 1 year high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were given a dividend of $0.1522 per share. The ex-dividend date of this dividend was Tuesday, December 24th. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.14.

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).