Seed Wealth Management Inc. Has $2.88 Million Stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Seed Wealth Management Inc. boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 18.0% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 63,660 shares of the exchange traded fund’s stock after acquiring an additional 9,720 shares during the period. Vanguard Mortgage-Backed Securities ETF comprises approximately 2.7% of Seed Wealth Management Inc.’s holdings, making the stock its 6th largest position. Seed Wealth Management Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $2,877,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Wealth Enhancement Advisory Services LLC boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 2.0% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 1,131,813 shares of the exchange traded fund’s stock valued at $51,622,000 after buying an additional 22,690 shares during the last quarter. Sovereign Financial Group Inc. boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 1.5% during the 1st quarter. Sovereign Financial Group Inc. now owns 75,276 shares of the exchange traded fund’s stock worth $3,433,000 after acquiring an additional 1,097 shares during the last quarter. Whitcomb & Hess Inc. grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 6.9% in the 1st quarter. Whitcomb & Hess Inc. now owns 317,168 shares of the exchange traded fund’s stock worth $14,466,000 after acquiring an additional 20,473 shares in the last quarter. Hobart Private Capital LLC grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 7.0% in the 1st quarter. Hobart Private Capital LLC now owns 217,423 shares of the exchange traded fund’s stock worth $9,917,000 after acquiring an additional 14,243 shares in the last quarter. Finally, Elevated Capital Advisors LLC raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 18.4% in the first quarter. Elevated Capital Advisors LLC now owns 52,291 shares of the exchange traded fund’s stock valued at $2,385,000 after purchasing an additional 8,127 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.2 %

Vanguard Mortgage-Backed Securities ETF stock traded up $0.08 during midday trading on Thursday, hitting $45.60. 830,741 shares of the stock were exchanged, compared to its average volume of 1,507,284. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $42.06 and a 52-week high of $46.59. The business’s 50-day moving average price is $45.04 and its 200-day moving average price is $45.38.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, June 5th. Stockholders of record on Monday, June 3rd were paid a $0.15 dividend. This represents a $1.80 dividend on an annualized basis and a dividend yield of 3.95%. The ex-dividend date was Monday, June 3rd. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15.

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).