Vanguard Mortgage-Backed Securities ETF $VMBS Shares Bought by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 11.0% during the 1st quarter, Holdings Channel reports. The firm owned 165,640 shares of the exchange traded fund’s stock after buying an additional 16,413 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $7,777,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of VMBS. Glen Eagle Advisors LLC boosted its position in Vanguard Mortgage-Backed Securities ETF by 1,609.7% in the fourth quarter. Glen Eagle Advisors LLC now owns 530 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 499 shares during the last quarter. Imprint Wealth LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at approximately $25,000. DecisionPoint Financial LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter valued at $25,000. Kingdom Financial Group LLC. acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth $29,000. Finally, MilWealth Group LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth $30,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ VMBS opened at $46.61 on Friday. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $45.69 and a 1 year high of $47.90. The company has a fifty day moving average of $46.72 and a 200 day moving average of $47.01.

Vanguard Mortgage-Backed Securities ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st will be paid a dividend of $0.1645 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

Vanguard Mortgage-Backed Securities ETF Company 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).