Foundations Investment Advisors LLC Sells 1,807 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Foundations Investment Advisors LLC decreased its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 3.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 59,248 shares of the exchange traded fund’s stock after selling 1,807 shares during the period. Foundations Investment Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $2,686,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VMBS. Kovitz Investment Group Partners LLC increased its position in Vanguard Mortgage-Backed Securities ETF by 976.7% during the third quarter. Kovitz Investment Group Partners LLC now owns 2,036,034 shares of the exchange traded fund’s stock valued at $95,912,000 after acquiring an additional 1,846,939 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 26.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,581,819 shares of the exchange traded fund’s stock valued at $405,148,000 after purchasing an additional 1,777,531 shares during the last quarter. Raymond James & Associates increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 102.5% during the 3rd quarter. Raymond James & Associates now owns 3,431,563 shares of the exchange traded fund’s stock valued at $162,004,000 after purchasing an additional 1,737,364 shares during the last quarter. Intelligence Driven Advisers LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 3rd quarter worth approximately $29,555,000. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 63.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,266,633 shares of the exchange traded fund’s stock worth $59,798,000 after buying an additional 489,804 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of NASDAQ VMBS opened at $45.58 on Tuesday. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $44.04 and a 12-month high of $47.59. The firm has a 50 day moving average of $45.57 and a 200 day moving average of $46.18.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

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

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).