Vanguard Mortgage-Backed Securities ETF $VMBS Shares Acquired by Prospera Financial Services Inc

Prospera Financial Services Inc boosted its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 1.8% during the second quarter, HoldingsChannel reports. The fund owned 146,263 shares of the exchange traded fund’s stock after buying an additional 2,567 shares during the period. Prospera Financial Services Inc’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $6,778,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Legacy Investment Solutions LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the second quarter valued at $32,000. LRI Investments LLC raised its holdings in 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 valued at $34,000 after buying an additional 425 shares during the period. Bellevue Asset Management LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF in the second quarter valued at about $39,000. Berkshire Money Management Inc. purchased a new position in Vanguard Mortgage-Backed Securities ETF during the second quarter worth about $68,000. Finally, Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the second quarter valued at about $80,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of VMBS stock opened at $47.09 on Friday. The firm’s 50 day moving average price is $47.05 and its 200-day moving average price is $46.32. Vanguard Mortgage-Backed Securities ETF has a one year low of $44.65 and a one year high of $47.46.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 5th. Stockholders of record on Monday, November 3rd were given a dividend of $0.172 per share. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date was Monday, November 3rd.

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).