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

Avior Wealth Management LLC trimmed its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 48.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,819 shares of the exchange traded fund’s stock after selling 1,732 shares during the quarter. Avior Wealth Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $86,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in VMBS. Envestnet Asset Management Inc. increased its stake in Vanguard Mortgage-Backed Securities ETF by 3.6% in the second quarter. Envestnet Asset Management Inc. now owns 19,115,115 shares of the exchange traded fund’s stock valued at $867,826,000 after purchasing an additional 659,720 shares during the last quarter. Bank of New York Mellon Corp increased its stake in Vanguard Mortgage-Backed Securities ETF by 0.8% in the second quarter. Bank of New York Mellon Corp now owns 10,055,325 shares of the exchange traded fund’s stock valued at $456,512,000 after purchasing an additional 79,124 shares during the last quarter. Assetmark Inc. grew its position in Vanguard Mortgage-Backed Securities ETF by 2.8% during the third quarter. Assetmark Inc. now owns 7,642,051 shares of the exchange traded fund’s stock valued at $360,781,000 after acquiring an additional 207,604 shares during the period. LPL Financial LLC grew its position in Vanguard Mortgage-Backed Securities ETF by 2.9% during the second quarter. LPL Financial LLC now owns 4,996,495 shares of the exchange traded fund’s stock valued at $226,841,000 after acquiring an additional 143,135 shares during the period. Finally, Raymond James & Associates grew its position in Vanguard Mortgage-Backed Securities ETF by 102.5% during the third quarter. Raymond James & Associates now owns 3,431,563 shares of the exchange traded fund’s stock valued at $162,004,000 after acquiring an additional 1,737,364 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS stock opened at $45.77 on Monday. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $44.04 and a 12-month high of $47.59. The stock has a 50-day moving average price of $46.35 and a two-hundred day moving average price of $46.09.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were given a $0.153 dividend. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date was Friday, November 1st. This represents a $1.84 annualized dividend and a dividend yield of 4.01%.

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).