Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Purchased by Global Wealth Management Investment Advisory Inc.

Global Wealth Management Investment Advisory Inc. increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 2.7% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 73,649 shares of the exchange traded fund’s stock after purchasing an additional 1,971 shares during the quarter. Global Wealth Management Investment Advisory Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $3,477,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of the company. Asset Dedication LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF by 3,666.7% during the second quarter. Asset Dedication LLC now owns 565 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 550 shares during the last quarter. Carmichael Hill & Associates Inc. boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 59.7% during the second quarter. Carmichael Hill & Associates Inc. now owns 736 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 275 shares during the period. Headlands Technologies LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the first quarter valued at $36,000. Castleview Partners LLC raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 531.9% during the third quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 734 shares in the last quarter. Finally, Armstrong Advisory Group Inc. bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter valued at about $45,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of NASDAQ VMBS traded down $0.02 during midday trading on Tuesday, reaching $45.65. 41,839 shares of the company traded hands, compared to its average volume of 1,606,643. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $43.28 and a 52 week high of $47.59. The stock has a 50-day moving average price of $46.75 and a 200 day moving average price of $45.98.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st will be given a $0.153 dividend. The ex-dividend date of this dividend is Friday, November 1st. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. This represents a $1.84 annualized dividend and a yield of 4.02%.

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).