Larson Financial Group LLC Has $480,000 Stock Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Larson Financial Group LLC boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 15.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,171 shares of the exchange traded fund’s stock after purchasing an additional 1,394 shares during the quarter. Larson Financial Group LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $480,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Asset Dedication LLC lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 3,666.7% in the second quarter. Asset Dedication LLC now owns 565 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 550 shares during the period. Carmichael Hill & Associates Inc. lifted 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 during the period. Castleview Partners LLC increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 531.9% during the third 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 during the period. Armstrong Advisory Group Inc. bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter valued at approximately $45,000. Finally, Triad Wealth Partners LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF in the second quarter valued at $53,000.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.9 %

VMBS opened at $46.18 on Tuesday. The firm’s fifty day moving average price is $46.32 and its two-hundred day moving average price is $46.10. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.04 and a fifty-two week high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were given a dividend of $0.153 per share. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. This represents a $1.84 annualized dividend and a dividend yield of 3.98%. The ex-dividend date was Friday, November 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).