EverSource Wealth Advisors LLC Reduces Position in Vanguard Mortgage-Backed Securities ETF $VMBS

EverSource Wealth Advisors LLC lessened its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 10.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 196,547 shares of the exchange traded fund’s stock after selling 22,730 shares during the period. EverSource Wealth Advisors LLC owned 0.06% of Vanguard Mortgage-Backed Securities ETF worth $9,230,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VMBS. Evolution Wealth Management Inc. acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the second quarter worth about $34,000. Tidemark LLC boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 665.4% in the 3rd quarter. Tidemark LLC now owns 796 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 692 shares during the period. CENTRAL TRUST Co purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 2nd quarter worth approximately $38,000. Fortitude Family Office LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF during the third quarter worth approximately $38,000. Finally, Millstone Evans Group LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF by 103.7% in the third quarter. Millstone Evans Group LLC now owns 829 shares of the exchange traded fund’s stock valued at $39,000 after buying an additional 422 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.2%

Shares of NASDAQ:VMBS opened at $47.69 on Tuesday. The firm has a fifty day moving average price of $47.24 and a 200 day moving average price of $47.05. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $44.85 and a 1-year high of $47.76.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were given a dividend of $0.1645 per share. The ex-dividend date was Monday, February 2nd. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16. This represents a c) annualized dividend and a yield of 4.1%.

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). The Index covers the United States agency mortgage-backed, pass-through securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).