Rockland Trust Co. Sells 877 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Rockland Trust Co. reduced its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 5.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,258 shares of the exchange traded fund’s stock after selling 877 shares during the period. Rockland Trust Co.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $673,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Asset Dedication LLC raised its position in Vanguard Mortgage-Backed Securities ETF by 3,666.7% in the 2nd 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 period. Carmichael Hill & Associates Inc. lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 59.7% in the 2nd quarter. Carmichael Hill & Associates Inc. now owns 736 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 275 shares during the last quarter. Headlands Technologies LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF during the 1st quarter valued at about $36,000. FSA Wealth Management LLC bought a new position in Vanguard Mortgage-Backed Securities ETF during the 1st quarter worth approximately $53,000. Finally, Triad Wealth Partners LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF in the 2nd quarter worth approximately $53,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of NASDAQ:VMBS traded down $0.33 during trading on Friday, reaching $46.58. 1,179,595 shares of the company traded hands, compared to its average volume of 1,602,634. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $42.06 and a 52-week high of $47.59. The business’s fifty day moving average is $46.95 and its 200-day moving average is $45.80.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were issued a $0.145 dividend. This represents a $1.74 dividend on an annualized basis 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).