Good Life Advisors LLC Buys New Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Good Life Advisors LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 4,828 shares of the exchange traded fund’s stock, valued at approximately $228,000.

Other large investors have also bought and sold shares of the company. Asset Dedication LLC increased its stake 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 in the last quarter. Carmichael Hill & Associates Inc. increased its stake in 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 worth $33,000 after purchasing an additional 275 shares in the last quarter. Headlands Technologies LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF in the 1st quarter worth about $36,000. Armstrong Advisory Group Inc. purchased a new position in Vanguard Mortgage-Backed Securities ETF in the 3rd quarter worth about $45,000. Finally, FSA Wealth Management LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the 1st quarter worth about $53,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of NASDAQ VMBS opened at $46.43 on Monday. Vanguard Mortgage-Backed Securities ETF has a one year low of $42.06 and a one year high of $47.59. The business has a 50-day moving average price of $46.96 and a two-hundred day moving average price of $45.88.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were given a dividend of $0.145 per share. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.74 dividend on an annualized basis and a yield of 3.75%.

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).