RKL Wealth Management LLC Raises Stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

RKL Wealth Management LLC lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 0.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 326,149 shares of the exchange traded fund’s stock after purchasing an additional 2,776 shares during the quarter. Vanguard Mortgage-Backed Securities ETF comprises about 1.4% of RKL Wealth Management LLC’s investment portfolio, making the stock its 16th largest position. RKL Wealth Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $15,397,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in VMBS. Empirical Asset Management LLC grew its position in Vanguard Mortgage-Backed Securities ETF by 0.7% during the third quarter. Empirical Asset Management LLC now owns 37,683 shares of the exchange traded fund’s stock worth $1,779,000 after buying an additional 247 shares during the period. Carmichael Hill & Associates Inc. boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 59.7% during the 2nd quarter. Carmichael Hill & Associates Inc. now owns 736 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 275 shares in the last quarter. Concurrent Investment Advisors LLC grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 0.7% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 47,158 shares of the exchange traded fund’s stock worth $2,226,000 after acquiring an additional 309 shares during the period. AA Financial Advisors LLC grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 5.7% in the 2nd quarter. AA Financial Advisors LLC now owns 6,370 shares of the exchange traded fund’s stock worth $289,000 after acquiring an additional 343 shares during the period. Finally, Bessemer Group Inc. increased its stake in Vanguard Mortgage-Backed Securities ETF by 8.0% in the 1st quarter. Bessemer Group Inc. now owns 4,710 shares of the exchange traded fund’s stock valued at $215,000 after purchasing an additional 350 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.0 %

Shares of VMBS stock opened at $45.91 on Friday. The stock has a fifty day moving average price of $46.66 and a 200 day moving average price of $45.99. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $43.28 and a 1 year high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were paid a dividend of $0.153 per share. This represents a $1.84 annualized dividend and a dividend yield of 4.00%. The ex-dividend date was Friday, November 1st. 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).