Emergent Wealth Advisors LLC Has $2.31 Million Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Emergent Wealth Advisors LLC cut its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 23.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 49,159 shares of the exchange traded fund’s stock after selling 15,454 shares during the period. Vanguard Mortgage-Backed Securities ETF makes up approximately 1.3% of Emergent Wealth Advisors LLC’s portfolio, making the stock its 18th biggest position. Emergent Wealth Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $2,314,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Imprint Wealth LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the third quarter worth approximately $25,000. Evolution Wealth Management Inc. bought a new stake in Vanguard Mortgage-Backed Securities ETF in the second quarter worth approximately $34,000. Tidemark LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF by 665.4% in the third quarter. Tidemark LLC now owns 796 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 692 shares during the period. Fortitude Family Office LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF in the third quarter valued at approximately $38,000. Finally, Millstone Evans Group LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 103.7% during the 3rd quarter. Millstone Evans Group LLC now owns 829 shares of the exchange traded fund’s stock worth $39,000 after buying an additional 422 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.1%

Shares of VMBS stock opened at $46.56 on Friday. The firm has a 50 day moving average of $47.24 and a 200-day moving average of $47.15. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.85 and a 52 week high of $47.90.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a dividend of $0.1609 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.1%.

Vanguard Mortgage-Backed Securities ETF 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).