Sowell Financial Services LLC Cuts Stock Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

Sowell Financial Services LLC lessened its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 14.1% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,086 shares of the exchange traded fund’s stock after selling 1,000 shares during the quarter. Sowell Financial Services LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $282,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Westfuller Advisors LLC raised its holdings in Vanguard Mortgage-Backed Securities ETF by 1.4% in the 2nd quarter. Westfuller Advisors LLC now owns 46,616 shares of the exchange traded fund’s stock valued at $2,160,000 after buying an additional 652 shares during the period. Farther Finance Advisors LLC increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 1.4% during the second quarter. Farther Finance Advisors LLC now owns 98,467 shares of the exchange traded fund’s stock worth $4,563,000 after buying an additional 1,386 shares during the period. Silver Oak Securities Incorporated increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 10.3% during the second quarter. Silver Oak Securities Incorporated now owns 46,427 shares of the exchange traded fund’s stock worth $2,151,000 after buying an additional 4,354 shares during the period. AA Financial Advisors LLC increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 40.2% during the second quarter. AA Financial Advisors LLC now owns 12,377 shares of the exchange traded fund’s stock worth $574,000 after buying an additional 3,551 shares during the period. Finally, Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the second quarter worth approximately $80,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

VMBS stock opened at $46.90 on Friday. The company’s 50 day moving average price is $46.54 and its 200 day moving average price is $46.08. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.65 and a fifty-two week high of $47.38.

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).