Retirement Wealth Solutions LLC Invests $2.38 Million in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Retirement Wealth Solutions LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the fourth quarter, Holdings Channel reports. The fund bought 53,129 shares of the exchange traded fund’s stock, valued at approximately $2,379,000. Vanguard Mortgage-Backed Securities ETF accounts for 2.0% of Retirement Wealth Solutions LLC’s holdings, making the stock its 11th largest position.

Other hedge funds also recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 28.1% during the third quarter. Integrated Wealth Concepts LLC now owns 8,167 shares of the exchange traded fund’s stock worth $386,000 after buying an additional 1,793 shares in the last quarter. FMR LLC increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 17.2% in the third quarter. FMR LLC now owns 15,647 shares of the exchange traded fund’s stock valued at $739,000 after buying an additional 2,297 shares in the last quarter. Sei Investments Co. raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 4.1% during the 2nd quarter. Sei Investments Co. now owns 207,258 shares of the exchange traded fund’s stock worth $9,410,000 after buying an additional 8,104 shares during the period. Fisher Asset Management LLC lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 0.3% during the 3rd quarter. Fisher Asset Management LLC now owns 78,094 shares of the exchange traded fund’s stock valued at $3,687,000 after buying an additional 229 shares in the last quarter. Finally, Merriman Wealth Management LLC grew its stake in Vanguard Mortgage-Backed Securities ETF by 75.5% in the 2nd quarter. Merriman Wealth Management LLC now owns 17,053 shares of the exchange traded fund’s stock valued at $774,000 after acquiring an additional 7,338 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of NASDAQ VMBS opened at $45.31 on Friday. The firm has a fifty day moving average of $45.60 and a 200 day moving average of $46.18. Vanguard Mortgage-Backed Securities ETF has a one year low of $44.04 and a one year high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were paid a dividend of $0.1522 per share. The ex-dividend date of this dividend was Tuesday, December 24th. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.14.

Vanguard Mortgage-Backed Securities ETF Company 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).