Connecticut Wealth Management LLC Has $19.04 Million Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Connecticut Wealth Management LLC lessened its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 3.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 419,421 shares of the exchange traded fund’s stock after selling 13,717 shares during the period. Vanguard Mortgage-Backed Securities ETF accounts for 1.0% of Connecticut Wealth Management LLC’s portfolio, making the stock its 25th largest holding. Connecticut Wealth Management LLC owned about 0.11% of Vanguard Mortgage-Backed Securities ETF worth $19,042,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Transatlantique Private Wealth LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 246.2% during the second quarter. Transatlantique Private Wealth LLC now owns 54,749 shares of the exchange traded fund’s stock worth $2,486,000 after acquiring an additional 38,937 shares during the last quarter. Sei Investments Co. raised its holdings in Vanguard Mortgage-Backed Securities ETF by 4.1% during the 2nd quarter. Sei Investments Co. now owns 207,258 shares of the exchange traded fund’s stock worth $9,410,000 after purchasing an additional 8,104 shares during the last quarter. AE Wealth Management LLC raised its holdings in Vanguard Mortgage-Backed Securities ETF by 2.7% during the 2nd quarter. AE Wealth Management LLC now owns 874,270 shares of the exchange traded fund’s stock worth $39,692,000 after purchasing an additional 23,232 shares during the last quarter. Clifford Group LLC lifted its position in Vanguard Mortgage-Backed Securities ETF by 5.4% during the 2nd quarter. Clifford Group LLC now owns 38,741 shares of the exchange traded fund’s stock valued at $1,759,000 after purchasing an additional 1,994 shares during the period. Finally, Richardson Financial Services Inc. boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 15.6% in the 2nd quarter. Richardson Financial Services Inc. now owns 3,980 shares of the exchange traded fund’s stock valued at $181,000 after purchasing an additional 536 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.1 %

Shares of NASDAQ:VMBS opened at $47.31 on Friday. The company has a 50 day moving average of $46.71 and a 200-day moving average of $45.69. Vanguard Mortgage-Backed Securities ETF has a one year low of $42.06 and a one year high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.154 per share. This represents a $1.85 dividend on an annualized basis and a yield of 3.91%. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a positive change 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).