Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Sold by Pinion Investment Advisors LLC

Pinion Investment Advisors LLC lowered its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 8.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 4,493 shares of the exchange traded fund’s stock after selling 400 shares during the quarter. Pinion Investment Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $204,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in VMBS. Integrated Wealth Concepts LLC grew its position in Vanguard Mortgage-Backed Securities ETF by 28.1% in the third quarter. Integrated Wealth Concepts LLC now owns 8,167 shares of the exchange traded fund’s stock valued at $386,000 after acquiring an additional 1,793 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in Vanguard Mortgage-Backed Securities ETF by 37.1% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 208,728 shares of the exchange traded fund’s stock worth $9,464,000 after purchasing an additional 56,504 shares during the last quarter. Atomi Financial Group Inc. raised its holdings in Vanguard Mortgage-Backed Securities ETF by 13.0% in the fourth quarter. Atomi Financial Group Inc. now owns 5,695 shares of the exchange traded fund’s stock valued at $258,000 after acquiring an additional 654 shares in the last quarter. FMR LLC grew its stake in Vanguard Mortgage-Backed Securities ETF by 17.2% in the third quarter. FMR LLC now owns 15,647 shares of the exchange traded fund’s stock worth $739,000 after purchasing an additional 2,297 shares in the last quarter. Finally, Park Avenue Securities LLC increased its holdings in Vanguard Mortgage-Backed Securities ETF by 7.1% in the fourth quarter. Park Avenue Securities LLC now owns 10,630 shares of the exchange traded fund’s stock valued at $482,000 after buying an additional 708 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.2 %

NASDAQ:VMBS opened at $46.41 on Tuesday. The business’s 50 day moving average is $45.48 and its two-hundred day moving average is $46.10. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.04 and a 52 week high of $47.59.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd will be paid a $0.1588 dividend. The ex-dividend date is Monday, March 3rd.

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).