Onyx Bridge Wealth Group LLC Purchases 104,046 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

Onyx Bridge Wealth Group LLC increased its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 50.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 311,483 shares of the exchange traded fund’s stock after purchasing an additional 104,046 shares during the period. Vanguard Mortgage-Backed Securities ETF accounts for 1.6% of Onyx Bridge Wealth Group LLC’s portfolio, making the stock its 12th biggest position. Onyx Bridge Wealth Group LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $14,624,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Bank of America Corp DE lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 8.4% during the third quarter. Bank of America Corp DE now owns 57,618,720 shares of the exchange traded fund’s stock valued at $2,705,775,000 after purchasing an additional 4,468,416 shares during the last quarter. Focus Partners Wealth purchased a new position in Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth approximately $113,419,000. Stifel Financial Corp increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 32.3% in the 4th quarter. Stifel Financial Corp now owns 8,298,375 shares of the exchange traded fund’s stock worth $390,688,000 after purchasing an additional 2,026,709 shares in the last quarter. Alesco Advisors LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at $71,911,000. Finally, Wells Fargo & Company MN lifted its stake in Vanguard Mortgage-Backed Securities ETF by 10.3% during the 4th quarter. Wells Fargo & Company MN now owns 9,007,305 shares of the exchange traded fund’s stock valued at $424,064,000 after acquiring an additional 843,178 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS opened at $46.98 on Friday. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $45.69 and a twelve month high of $47.90. The firm has a 50 day moving average price of $46.75 and a 200-day moving average price of $47.02.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were issued a $0.1634 dividend. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Monday, June 1st.

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).