Leeward Financial Partners LLC Buys 5,613 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

Leeward Financial Partners LLC raised its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 7.0% during the 2nd quarter, Holdings Channel.com reports. The fund owned 85,648 shares of the exchange traded fund’s stock after purchasing an additional 5,613 shares during the quarter. Vanguard Mortgage-Backed Securities ETF makes up approximately 1.3% of Leeward Financial Partners LLC’s portfolio, making the stock its 25th largest holding. Leeward Financial Partners LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $3,969,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VMBS. Brighton Jones LLC lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 4.6% in the 4th quarter. Brighton Jones LLC now owns 7,833 shares of the exchange traded fund’s stock worth $355,000 after purchasing an additional 347 shares during the period. Private Trust Co. NA lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 21.0% in the 1st quarter. Private Trust Co. NA now owns 4,550 shares of the exchange traded fund’s stock worth $211,000 after purchasing an additional 791 shares during the period. Conning Inc. bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 1st quarter worth approximately $1,667,000. OneDigital Investment Advisors LLC lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 3.4% in the 1st quarter. OneDigital Investment Advisors LLC now owns 31,017 shares of the exchange traded fund’s stock worth $1,436,000 after purchasing an additional 1,031 shares during the period. Finally, Brookstone Capital Management lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 5.0% in the 1st quarter. Brookstone Capital Management now owns 103,780 shares of the exchange traded fund’s stock worth $4,806,000 after purchasing an additional 4,960 shares during the period.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.2%

Shares of NASDAQ:VMBS opened at $47.16 on Friday. The firm’s 50 day moving average price is $47.01 and its 200-day moving average price is $46.27. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $44.65 and a twelve month high of $47.46.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were paid a $0.1533 dividend. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date was Wednesday, October 1st.

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).