Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Sold by Sugarloaf Wealth Management LLC

Sugarloaf Wealth Management LLC trimmed its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 39.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,089 shares of the exchange traded fund’s stock after selling 717 shares during the period. Sugarloaf Wealth Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $49,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. ST Germain D J Co. Inc. increased its stake in Vanguard Mortgage-Backed Securities ETF by 5.7% in the 4th quarter. ST Germain D J Co. Inc. now owns 480,708 shares of the exchange traded fund’s stock valued at $21,795,000 after purchasing an additional 25,902 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Vanguard Mortgage-Backed Securities ETF by 63.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,266,633 shares of the exchange traded fund’s stock valued at $59,798,000 after purchasing an additional 489,804 shares during the last quarter. First Hawaiian Bank raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 3.5% during the 4th quarter. First Hawaiian Bank now owns 84,669 shares of the exchange traded fund’s stock worth $3,839,000 after buying an additional 2,830 shares during the last quarter. FC Advisory LLC boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 1.8% in the 4th quarter. FC Advisory LLC now owns 76,875 shares of the exchange traded fund’s stock worth $3,486,000 after buying an additional 1,338 shares in the last quarter. Finally, Versant Capital Management Inc acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the 4th quarter valued at about $698,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ:VMBS opened at $44.77 on Friday. The firm has a 50-day moving average price of $45.67 and a two-hundred day moving average price of $46.19. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $44.04 and a twelve month high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were given a dividend of $0.1522 per share. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.14. The ex-dividend date of this dividend was Tuesday, December 24th.

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).