International Assets Investment Management LLC Purchases New Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

International Assets Investment Management LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the 4th quarter, HoldingsChannel reports. The fund acquired 93,925 shares of the exchange traded fund’s stock, valued at approximately $4,354,000.

Several other large investors also recently bought and sold shares of VMBS. Sugarloaf Wealth Management LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth approximately $27,000. City Holding Co. acquired a new position in Vanguard Mortgage-Backed Securities ETF in the 4th quarter valued at $61,000. Citigroup Inc. lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 194.0% in the 3rd quarter. Citigroup Inc. now owns 1,379 shares of the exchange traded fund’s stock valued at $60,000 after purchasing an additional 910 shares in the last quarter. Larson Financial Group LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 72.7% during the 3rd quarter. Larson Financial Group LLC now owns 1,912 shares of the exchange traded fund’s stock worth $84,000 after purchasing an additional 805 shares during the last quarter. Finally, Capital Investment Advisory Services LLC grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 359.8% during the third quarter. Capital Investment Advisory Services LLC now owns 2,244 shares of the exchange traded fund’s stock worth $98,000 after buying an additional 1,756 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.2 %

Shares of NASDAQ VMBS opened at $44.82 on Thursday. The firm has a 50-day simple moving average of $45.02 and a 200-day simple moving average of $45.07. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $42.06 and a 52 week high of $46.95.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, May 6th. Shareholders of record on Thursday, May 2nd were issued a $0.148 dividend. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Wednesday, May 1st. This represents a $1.78 dividend on an annualized basis and a yield of 3.96%.

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).