Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) is Level Financial Advisors’ 8th Largest Position

Level Financial Advisors grew its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 6.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 193,565 shares of the exchange traded fund’s stock after purchasing an additional 12,438 shares during the quarter. Vanguard Mortgage-Backed Securities ETF comprises approximately 3.2% of Level Financial Advisors’ investment portfolio, making the stock its 8th biggest holding. Level Financial Advisors’ holdings in Vanguard Mortgage-Backed Securities ETF were worth $8,776,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Truvestments Capital LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter worth $35,000. Castleview Partners LLC boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 531.9% in the third quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock worth $41,000 after acquiring an additional 734 shares in the last quarter. Armstrong Advisory Group Inc. acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the third quarter worth about $45,000. First PREMIER Bank grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 214.5% during the third quarter. First PREMIER Bank now owns 1,478 shares of the exchange traded fund’s stock worth $70,000 after acquiring an additional 1,008 shares during the last quarter. Finally, Sugarloaf Wealth Management LLC increased 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 valued at $85,000 after acquiring an additional 459 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.6 %

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $45.58 on Tuesday. The company has a 50 day moving average price of $45.57 and a 200 day moving average price of $46.18. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.04 and a 52 week high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were issued a $0.1522 dividend. 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 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).