Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Sold by Patten & Patten Inc. TN

Patten & Patten Inc. TN trimmed its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 5.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,223 shares of the exchange traded fund’s stock after selling 300 shares during the quarter. Patten & Patten Inc. TN’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $237,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Truvestments Capital LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the 3rd quarter valued at about $35,000. POM Investment Strategies LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at about $37,000. Synergy Investment Management LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at about $84,000. Richard W. Paul & Associates LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF by 11.8% during the fourth quarter. Richard W. Paul & Associates LLC now owns 2,432 shares of the exchange traded fund’s stock valued at $110,000 after buying an additional 257 shares in the last quarter. Finally, Cape Investment Advisory Inc. lifted its stake in Vanguard Mortgage-Backed Securities ETF by 78.8% during the fourth quarter. Cape Investment Advisory Inc. now owns 2,439 shares of the exchange traded fund’s stock valued at $111,000 after buying an additional 1,075 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.3 %

VMBS stock opened at $45.98 on Monday. Vanguard Mortgage-Backed Securities ETF has a one year low of $44.04 and a one year high of $47.59. The firm has a 50-day moving average of $45.63 and a two-hundred day moving average of $46.04.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.1588 per share. The ex-dividend date of this dividend was Monday, March 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).