Vanguard Mortgage-Backed Securities ETF $VMBS Shares Bought by Freedom Investment Management Inc.

Freedom Investment Management Inc. raised its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 5.8% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 152,396 shares of the exchange traded fund’s stock after acquiring an additional 8,357 shares during the period. Freedom Investment Management Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $7,057,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in VMBS. Breakwater Investment Management acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 1st quarter worth $27,000. Dunhill Financial LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 1st quarter worth $31,000. LRI Investments LLC lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 138.9% in the 1st quarter. LRI Investments LLC now owns 731 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 425 shares during the period. GeoWealth Management LLC lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 264.0% in the 4th quarter. GeoWealth Management LLC now owns 1,052 shares of the exchange traded fund’s stock worth $48,000 after acquiring an additional 763 shares during the period. Finally, Marshall & Sterling Wealth Advisors Inc. acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth $61,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

VMBS stock opened at $46.52 on Friday. Vanguard Mortgage-Backed Securities ETF has a one year low of $44.65 and a one year high of $47.59. The company has a fifty day moving average of $46.08 and a 200-day moving average of $45.91.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, August 5th. Investors of record on Friday, August 1st were issued a dividend of $0.1635 per share. The ex-dividend date of this dividend was Friday, August 1st. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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).