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

WT Wealth Management lowered its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 44.2% in the third quarter, Holdings Channel reports. The institutional investor owned 8,674 shares of the exchange traded fund’s stock after selling 6,883 shares during the quarter. WT Wealth Management’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $403,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Foundations Investment Advisors LLC boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 122.9% in the third quarter. Foundations Investment Advisors LLC now owns 61,055 shares of the exchange traded fund’s stock worth $2,882,000 after purchasing an additional 33,661 shares during the period. Castleview Partners LLC boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 531.9% in the third quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 734 shares during the period. OLD National Bancorp IN boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 9.3% in the third quarter. OLD National Bancorp IN now owns 148,794 shares of the exchange traded fund’s stock worth $7,025,000 after purchasing an additional 12,700 shares during the period. New Century Financial Group LLC boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 7.2% in the third quarter. New Century Financial Group LLC now owns 16,798 shares of the exchange traded fund’s stock worth $793,000 after purchasing an additional 1,124 shares during the period. Finally, Etesian Wealth Advisors Inc. acquired a new position in Vanguard Mortgage-Backed Securities ETF in the third quarter worth $425,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Vanguard Mortgage-Backed Securities ETF stock traded up $0.01 during mid-day trading on Tuesday, reaching $46.08. The company’s stock had a trading volume of 1,523,108 shares, compared to its average volume of 1,605,234. The business has a 50 day moving average price of $46.95 and a 200-day moving average price of $45.89. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $42.06 and a twelve month high of $47.59.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were paid a $0.145 dividend. This represents a $1.74 dividend on an annualized basis and a yield of 3.78%. The ex-dividend date of this dividend was Tuesday, October 1st.

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).