Ridgewood Investments LLC Decreases Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Ridgewood Investments LLC trimmed its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 6.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 14,362 shares of the exchange traded fund’s stock after selling 984 shares during the quarter. Ridgewood Investments LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $651,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Truvestments Capital LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF in the third quarter worth $35,000. Castleview Partners LLC raised its holdings in shares of 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 acquiring an additional 734 shares during the last quarter. Armstrong Advisory Group Inc. acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF in the third quarter worth $45,000. First PREMIER Bank increased its stake in Vanguard Mortgage-Backed Securities ETF by 214.5% in the third quarter. First PREMIER Bank now owns 1,478 shares of the exchange traded fund’s stock valued at $70,000 after purchasing an additional 1,008 shares during the last quarter. Finally, Sugarloaf Wealth Management LLC increased its stake in Vanguard Mortgage-Backed Securities ETF by 34.1% in the third quarter. Sugarloaf Wealth Management LLC now owns 1,806 shares of the exchange traded fund’s stock valued at $85,000 after purchasing an additional 459 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Vanguard Mortgage-Backed Securities ETF stock traded down $0.25 during trading on Friday, hitting $44.83. The company’s stock had a trading volume of 796,980 shares, compared to its average volume of 1,593,896. The stock’s fifty day moving average is $45.69 and its 200 day moving average is $46.20. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $44.04 and a 1-year high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were paid a $0.1522 dividend. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.14. The ex-dividend date of this dividend was Tuesday, December 24th.

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).