Lockerman Financial Group Inc. Sells 334 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Lockerman Financial Group Inc. lessened its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 4.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,489 shares of the exchange traded fund’s stock after selling 334 shares during the quarter. Lockerman Financial Group Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $306,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Asset Dedication LLC increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 3,666.7% during the second 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. boosted its position 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 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 during the 1st quarter worth $36,000. Armstrong Advisory Group Inc. acquired a new position in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at about $45,000. Finally, FSA Wealth Management LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF during the 1st quarter valued at about $53,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

NASDAQ VMBS traded up $0.11 during trading on Tuesday, hitting $46.54. The company’s stock had a trading volume of 1,256,151 shares, compared to its average volume of 1,613,990. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $42.06 and a fifty-two week high of $47.59. The business’s 50 day simple moving average is $46.96 and its 200-day simple moving average is $45.85.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, October 3rd. Investors of record on Tuesday, October 1st were paid a $0.145 dividend. This represents a $1.74 dividend on an annualized basis and a yield of 3.74%. The ex-dividend date was Tuesday, October 1st.

About Vanguard Mortgage-Backed Securities ETF

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).