Sovereign Investment Advisors LLC Sells 5,446 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Sovereign Investment Advisors LLC lessened its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 3.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 158,545 shares of the exchange traded fund’s stock after selling 5,446 shares during the period. Vanguard Mortgage-Backed Securities ETF comprises about 2.5% of Sovereign Investment Advisors LLC’s holdings, making the stock its 13th biggest position. Sovereign Investment Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $7,231,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of VMBS. Legacy Investment Solutions LLC raised its holdings in Vanguard Mortgage-Backed Securities ETF by 519.1% during the 4th quarter. Legacy Investment Solutions LLC now owns 551 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 462 shares during the last quarter. Breakwater Investment Management bought a new position in Vanguard Mortgage-Backed Securities ETF in the 1st quarter worth about $27,000. Dunhill Financial LLC bought a new position in Vanguard Mortgage-Backed Securities ETF in the 1st quarter worth about $31,000. LRI Investments LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF by 138.9% during the 1st quarter. LRI Investments LLC now owns 731 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 425 shares during the period. Finally, GeoWealth Management LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF by 264.0% during the 4th quarter. GeoWealth Management LLC now owns 1,052 shares of the exchange traded fund’s stock valued at $48,000 after acquiring an additional 763 shares during the period.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.4%

Shares of NASDAQ:VMBS opened at $46.14 on Wednesday. The firm’s 50 day moving average price is $45.80 and its 200-day moving average price is $45.80. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $44.65 and a twelve month high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, July 3rd. Shareholders of record on Tuesday, July 1st were issued a dividend of $0.1627 per share. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Tuesday, July 1st.

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).