Great Valley Advisor Group Inc. Acquires 2,204 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Great Valley Advisor Group Inc. boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 12.7% in the third quarter, Holdings Channel reports. The institutional investor owned 19,525 shares of the exchange traded fund’s stock after acquiring an additional 2,204 shares during the period. Great Valley Advisor Group Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $922,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Asset Dedication LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 3,666.7% in the 2nd quarter. Asset Dedication LLC now owns 565 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 550 shares in the last quarter. Carmichael Hill & Associates Inc. raised its holdings in Vanguard Mortgage-Backed Securities ETF by 59.7% in the second quarter. Carmichael Hill & Associates Inc. now owns 736 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 275 shares in the last quarter. Castleview Partners LLC raised 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 in the last quarter. Armstrong Advisory Group Inc. purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter valued at about $45,000. Finally, Triad Wealth Partners LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 2nd quarter valued at about $53,000.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.9 %

NASDAQ VMBS opened at $46.18 on Tuesday. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.04 and a 52 week high of $47.59. The company has a 50 day moving average price of $46.32 and a 200 day moving average price of $46.10.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were given a dividend of $0.153 per share. The ex-dividend date of this dividend was Friday, November 1st. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. This represents a $1.84 dividend on an annualized basis and a dividend yield of 3.98%.

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).