Braun Bostich & Associates Inc. Has $561,000 Stock Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Braun Bostich & Associates Inc. decreased its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 15.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,106 shares of the exchange traded fund’s stock after selling 2,171 shares during the period. Braun Bostich & Associates Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $561,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Brighton Jones LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 4.6% during the fourth quarter. Brighton Jones LLC now owns 7,833 shares of the exchange traded fund’s stock worth $355,000 after buying an additional 347 shares in the last quarter. Choreo LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth $462,000. Strategic Financial Concepts LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth $506,000. Stephens Inc. AR boosted its stake in Vanguard Mortgage-Backed Securities ETF by 8.9% during the fourth quarter. Stephens Inc. AR now owns 24,836 shares of the exchange traded fund’s stock worth $1,126,000 after buying an additional 2,035 shares in the last quarter. Finally, Kestra Private Wealth Services LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 16.1% during the fourth quarter. Kestra Private Wealth Services LLC now owns 39,974 shares of the exchange traded fund’s stock worth $1,812,000 after buying an additional 5,540 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.4%

VMBS opened at $45.73 on Thursday. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.65 and a fifty-two week high of $47.59. The firm’s fifty day moving average price is $45.65 and its two-hundred day moving average price is $45.73.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, June 4th. Shareholders of record on Monday, June 2nd were issued a dividend of $0.1607 per share. The ex-dividend date of this dividend was Monday, June 2nd. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16.

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).