Sugarloaf Wealth Management LLC Acquires 459 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Sugarloaf Wealth Management LLC raised its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 34.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,806 shares of the exchange traded fund’s stock after purchasing an additional 459 shares during the quarter. Sugarloaf Wealth Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $85,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of VMBS. Charles Schwab Investment Advisory Inc. boosted its stake in Vanguard Mortgage-Backed Securities ETF by 2.2% in the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 134,995,733 shares of the exchange traded fund’s stock valued at $6,157,155,000 after buying an additional 2,856,614 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 1st quarter worth about $57,419,000. Envestnet Asset Management Inc. lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 3.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 19,115,115 shares of the exchange traded fund’s stock valued at $867,826,000 after purchasing an additional 659,720 shares during the last quarter. First Financial Bankshares Inc acquired a new position in Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at about $27,716,000. Finally, Manning & Napier Advisors LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF during the second quarter worth about $22,216,000.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.3 %

NASDAQ VMBS opened at $46.59 on Wednesday. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $42.06 and a 1-year high of $47.59. The company has a 50 day moving average of $46.96 and a 200-day moving average of $45.82.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, October 3rd. Investors of record on Tuesday, October 1st were issued a $0.145 dividend. The ex-dividend date was Tuesday, October 1st. This represents a $1.74 dividend on an annualized basis and a dividend yield of 3.73%.

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).