Vanguard Mortgage-Backed Securities ETF $VMBS Shares Bought by Valmark Advisers Inc.

Valmark Advisers Inc. raised its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 4.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,507,168 shares of the exchange traded fund’s stock after purchasing an additional 64,338 shares during the quarter. Vanguard Mortgage-Backed Securities ETF accounts for approximately 0.9% of Valmark Advisers Inc.’s portfolio, making the stock its 25th largest holding. Valmark Advisers Inc. owned about 0.46% of Vanguard Mortgage-Backed Securities ETF worth $70,777,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of VMBS. Legacy Investment Solutions LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the 2nd quarter worth approximately $32,000. Evolution Wealth Management Inc. purchased a new stake in Vanguard Mortgage-Backed Securities ETF during the second quarter worth approximately $34,000. CENTRAL TRUST Co acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the second quarter worth $38,000. Fortitude Family Office LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the third quarter worth $38,000. Finally, Bellevue Asset Management LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 2nd quarter valued at $39,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ:VMBS opened at $47.32 on Friday. The firm’s fifty day simple moving average is $47.09 and its 200 day simple moving average is $46.77. 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 business also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Stockholders of record on Monday, December 1st were given a $0.1615 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) annualized dividend and a dividend yield of 4.1%.

Vanguard Mortgage-Backed Securities ETF Profile

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). The Index covers the United States agency mortgage-backed, pass-through securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).