Savvy Advisors Inc. Grows Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Savvy Advisors Inc. grew its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 44.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 470,520 shares of the exchange traded fund’s stock after buying an additional 144,640 shares during the period. Vanguard Mortgage-Backed Securities ETF accounts for about 0.7% of Savvy Advisors Inc.’s holdings, making the stock its 27th biggest holding. Savvy Advisors Inc. owned 0.15% of Vanguard Mortgage-Backed Securities ETF worth $22,152,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its stake in Vanguard Mortgage-Backed Securities ETF by 8.1% during the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 133,883 shares of the exchange traded fund’s stock valued at $6,303,000 after acquiring an additional 9,975 shares in the last quarter. Mendota Financial Group LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF by 14.1% in the 4th quarter. Mendota Financial Group LLC now owns 172,763 shares of the exchange traded fund’s stock worth $8,134,000 after purchasing an additional 21,365 shares in the last quarter. Midwest Financial Group LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth approximately $1,100,000. Perigon Wealth Management LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 5.8% during the 4th quarter. Perigon Wealth Management LLC now owns 284,415 shares of the exchange traded fund’s stock worth $13,390,000 after purchasing an additional 15,468 shares during the last quarter. Finally, Balboa Wealth Partners boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 13.6% during the 4th quarter. Balboa Wealth Partners now owns 20,445 shares of the exchange traded fund’s stock worth $963,000 after purchasing an additional 2,454 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

VMBS stock opened at $46.93 on Friday. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $44.85 and a 1 year high of $47.90. The business has a 50 day simple moving average of $47.21 and a 200-day simple moving average of $47.14.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

The business also recently disclosed a dividend, which will be paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st will be paid a dividend of $0.1617 per share. The ex-dividend date of this dividend is Wednesday, April 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). 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).