Pacific Financial Group Inc. Has $318,000 Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Pacific Financial Group Inc. increased its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 25.5% in the first quarter, Holdings Channel reports. The firm owned 6,870 shares of the exchange traded fund’s stock after buying an additional 1,395 shares during the quarter. Pacific Financial Group Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $318,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Richard W. Paul & Associates LLC grew its stake in Vanguard Mortgage-Backed Securities ETF by 11.8% in the fourth quarter. Richard W. Paul & Associates LLC now owns 2,432 shares of the exchange traded fund’s stock valued at $110,000 after acquiring an additional 257 shares during the period. Farther Finance Advisors LLC grew its stake in Vanguard Mortgage-Backed Securities ETF by 2.2% in the fourth quarter. Farther Finance Advisors LLC now owns 11,817 shares of the exchange traded fund’s stock valued at $536,000 after acquiring an additional 259 shares during the period. Veridan Wealth LLC grew its stake in Vanguard Mortgage-Backed Securities ETF by 0.5% in the first quarter. Veridan Wealth LLC now owns 50,039 shares of the exchange traded fund’s stock valued at $2,317,000 after acquiring an additional 264 shares during the period. FSB Premier Wealth Management Inc. grew its stake in Vanguard Mortgage-Backed Securities ETF by 0.9% in the fourth quarter. FSB Premier Wealth Management Inc. now owns 32,602 shares of the exchange traded fund’s stock valued at $1,478,000 after acquiring an additional 286 shares during the period. Finally, Marcum Wealth LLC grew its stake in Vanguard Mortgage-Backed Securities ETF by 2.2% in the first quarter. Marcum Wealth LLC now owns 15,288 shares of the exchange traded fund’s stock valued at $708,000 after acquiring an additional 322 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

NASDAQ:VMBS opened at $45.93 on Tuesday. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $44.65 and a 1 year high of $47.59. The stock has a 50-day moving average price of $45.67 and a two-hundred day moving average price of $45.70.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

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

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).