Allworth Financial LP Cuts Stake in Vanguard Mortgage-Backed Securities ETF $VMBS

Allworth Financial LP reduced its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 2.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 386,289 shares of the exchange traded fund’s stock after selling 8,698 shares during the quarter. Allworth Financial LP owned approximately 0.12% of Vanguard Mortgage-Backed Securities ETF worth $17,901,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently modified their holdings of the company. Brighton Jones LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 4.6% in the 4th quarter. Brighton Jones LLC now owns 7,833 shares of the exchange traded fund’s stock worth $355,000 after purchasing an additional 347 shares during the period. Brown Advisory Inc. bought a new position in Vanguard Mortgage-Backed Securities ETF in the first quarter valued at $236,000. CWM LLC raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 813.2% during the 1st quarter. CWM LLC now owns 64,420 shares of the exchange traded fund’s stock valued at $2,983,000 after buying an additional 57,366 shares in the last quarter. LRI Investments LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF by 138.9% in the first quarter. LRI Investments LLC now owns 731 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 425 shares during the last quarter. Finally, Gould Asset Management LLC CA purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the first quarter valued at approximately $2,532,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS stock opened at $47.02 on Tuesday. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $44.65 and a 1 year high of $47.46. The firm has a 50-day moving average of $47.06 and a 200 day moving average of $46.34.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, November 5th. Shareholders of record on Monday, November 3rd were given a $0.172 dividend. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Monday, November 3rd. This represents a c) dividend on an annualized basis and a yield of 4.4%.

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).