AE Wealth Management LLC Has $39.69 Million Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

AE Wealth Management LLC raised its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 2.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 874,270 shares of the exchange traded fund’s stock after acquiring an additional 23,232 shares during the quarter. AE Wealth Management LLC owned approximately 0.23% of Vanguard Mortgage-Backed Securities ETF worth $39,692,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Asset Dedication LLC lifted its stake 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 valued at $26,000 after acquiring an additional 550 shares during the last quarter. Carmichael Hill & Associates Inc. lifted its stake 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 worth $33,000 after buying an additional 275 shares during the last quarter. Headlands Technologies LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 1st quarter worth about $36,000. FSA Wealth Management LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 1st quarter worth about $53,000. Finally, Triad Wealth Partners LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 2nd quarter worth about $53,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ VMBS opened at $47.37 on Friday. The firm has a 50-day moving average of $46.68 and a 200-day moving average of $45.68. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $42.06 and a 52-week high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.154 per share. This represents a $1.85 dividend on an annualized basis and a dividend yield of 3.90%. The ex-dividend date was Tuesday, September 3rd. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15.

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).