Inspire Advisors LLC Has $669,000 Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Inspire Advisors LLC reduced its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 7.0% in the 4th quarter, Holdings Channel reports. The firm owned 14,759 shares of the exchange traded fund’s stock after selling 1,113 shares during the period. Inspire Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $669,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Truvestments Capital LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the 3rd quarter worth approximately $35,000. POM Investment Strategies LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth approximately $37,000. Synergy Investment Management LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth approximately $84,000. Richard W. Paul & Associates LLC lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 11.8% in the 4th quarter. Richard W. Paul & Associates LLC now owns 2,432 shares of the exchange traded fund’s stock worth $110,000 after purchasing an additional 257 shares during the last quarter. Finally, Cape Investment Advisory Inc. lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 78.8% in the 4th quarter. Cape Investment Advisory Inc. now owns 2,439 shares of the exchange traded fund’s stock worth $111,000 after purchasing an additional 1,075 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

VMBS opened at $46.09 on Wednesday. The business has a 50 day moving average price of $45.59 and a 200 day moving average price of $46.06. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $44.04 and a twelve month high of $47.59.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given a $0.1588 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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).