Seed Wealth Management Inc. Lowers Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Seed Wealth Management Inc. lessened its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 2.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 159,835 shares of the exchange traded fund’s stock after selling 4,240 shares during the quarter. Vanguard Mortgage-Backed Securities ETF accounts for approximately 5.9% of Seed Wealth Management Inc.’s investment portfolio, making the stock its largest holding. Seed Wealth Management Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $7,247,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Truvestments Capital LLC bought a new position in Vanguard Mortgage-Backed Securities ETF during the third quarter worth about $35,000. Castleview Partners LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 531.9% in the 3rd quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 734 shares in the last quarter. Armstrong Advisory Group Inc. bought a new position in Vanguard Mortgage-Backed Securities ETF during the third quarter worth about $45,000. First PREMIER Bank raised its holdings in Vanguard Mortgage-Backed Securities ETF by 214.5% during the 3rd quarter. First PREMIER Bank now owns 1,478 shares of the exchange traded fund’s stock worth $70,000 after buying an additional 1,008 shares during the period. Finally, Sugarloaf Wealth Management LLC raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 34.1% during the third quarter. Sugarloaf Wealth Management LLC now owns 1,806 shares of the exchange traded fund’s stock worth $85,000 after acquiring an additional 459 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ VMBS opened at $44.68 on Tuesday. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.04 and a 52 week high of $47.59. The stock’s 50 day moving average price is $45.65 and its two-hundred day moving average price is $46.19.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

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

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).