Larson Financial Group LLC Trims Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Larson Financial Group LLC lowered its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 53.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 898 shares of the exchange traded fund’s stock after selling 1,014 shares during the period. Larson Financial Group LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $42,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Family CFO Inc raised its stake in Vanguard Mortgage-Backed Securities ETF by 1.1% during the third quarter. Family CFO Inc now owns 295,028 shares of the exchange traded fund’s stock worth $12,916,000 after purchasing an additional 3,172 shares during the period. LPL Financial LLC raised its stake in Vanguard Mortgage-Backed Securities ETF by 9.7% during the third quarter. LPL Financial LLC now owns 4,416,122 shares of the exchange traded fund’s stock worth $193,338,000 after purchasing an additional 390,939 shares during the period. Mather Group LLC. raised its stake in Vanguard Mortgage-Backed Securities ETF by 0.9% during the third quarter. Mather Group LLC. now owns 3,021,774 shares of the exchange traded fund’s stock worth $132,293,000 after purchasing an additional 27,169 shares during the period. Harbour Investments Inc. raised its stake in Vanguard Mortgage-Backed Securities ETF by 9.5% during the third quarter. Harbour Investments Inc. now owns 26,554 shares of the exchange traded fund’s stock worth $1,163,000 after purchasing an additional 2,294 shares during the period. Finally, Pallas Capital Advisors LLC raised its stake in Vanguard Mortgage-Backed Securities ETF by 18.2% during the fourth quarter. Pallas Capital Advisors LLC now owns 460,795 shares of the exchange traded fund’s stock worth $21,362,000 after purchasing an additional 70,816 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.3 %

NASDAQ:VMBS opened at $44.35 on Friday. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $42.06 and a fifty-two week high of $47.04. The firm’s 50 day moving average is $45.11 and its two-hundred day moving average is $44.96.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were given a $0.1462 dividend. The ex-dividend date of this dividend was Monday, April 1st. This represents a $1.75 annualized dividend and a dividend yield of 3.96%. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.14.

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).