TrueWealth Advisors LLC Sells 1,177 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

TrueWealth Advisors LLC reduced its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 19.4% during the third quarter, HoldingsChannel reports. The firm owned 4,891 shares of the exchange traded fund’s stock after selling 1,177 shares during the period. TrueWealth Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $231,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Asset Dedication LLC boosted its position in 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 valued at $26,000 after acquiring an additional 550 shares during the last quarter. Carmichael Hill & Associates Inc. raised 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 acquiring an additional 275 shares in the last quarter. Headlands Technologies LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 1st quarter valued at about $36,000. Castleview Partners LLC boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 531.9% during the 3rd quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 734 shares in the last quarter. Finally, Armstrong Advisory Group Inc. bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at about $45,000.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.7 %

Shares of VMBS stock opened at $45.51 on Monday. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $43.23 and a fifty-two week high of $47.59. The stock has a 50 day simple moving average of $46.78 and a two-hundred day simple moving average of $45.97.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st will be paid a $0.153 dividend. The ex-dividend date of this dividend is Friday, November 1st. This represents a $1.84 annualized dividend and a dividend yield of 4.03%. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15.

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).