Sanctuary Advisors LLC Takes Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Sanctuary Advisors LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 170,919 shares of the exchange traded fund’s stock, valued at approximately $7,580,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Asset Dedication LLC boosted its position in Vanguard Mortgage-Backed Securities ETF by 3,666.7% in the second quarter. Asset Dedication LLC now owns 565 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 550 shares during the last quarter. Carmichael Hill & Associates Inc. lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 59.7% during the 2nd quarter. Carmichael Hill & Associates Inc. now owns 736 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 275 shares in the last quarter. Headlands Technologies LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 1st quarter valued at about $36,000. FSA Wealth Management LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 1st quarter valued at about $53,000. Finally, Triad Wealth Partners LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 2nd quarter valued at about $53,000.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.7 %

VMBS stock opened at $46.58 on Friday. The business’s 50-day moving average price is $46.95 and its 200-day moving average price is $45.80. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $42.06 and a twelve month high of $47.59.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, October 3rd. Investors of record on Tuesday, October 1st were paid a dividend of $0.145 per share. This represents a $1.74 annualized dividend and a yield of 3.74%. The ex-dividend date of this dividend was Tuesday, October 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).