Successful Portfolios LLC Buys New Stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Successful Portfolios LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 4,528 shares of the exchange traded fund’s stock, valued at approximately $214,000.

Several other institutional investors have also recently made changes to their positions in the company. Asset Dedication LLC lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 3,666.7% during the 2nd quarter. Asset Dedication LLC now owns 565 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 550 shares in the last quarter. Carmichael Hill & Associates Inc. lifted its holdings in 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 valued at $33,000 after buying an additional 275 shares in the last quarter. Headlands Technologies LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF during the 1st quarter valued at about $36,000. FSA Wealth Management LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF during the 1st quarter valued at about $53,000. Finally, Triad Wealth Partners LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF during the 2nd quarter valued at about $53,000.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.0 %

VMBS traded down $0.01 on Friday, reaching $46.42. 175,526 shares of the company traded hands, compared to its average volume of 1,613,141. Vanguard Mortgage-Backed Securities ETF has a one year low of $42.06 and a one year high of $47.59. The firm has a fifty day simple moving average of $46.98 and a two-hundred day simple moving average of $45.83.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were given a dividend of $0.145 per share. This represents a $1.74 dividend on an annualized basis and a yield of 3.75%. The ex-dividend date of this dividend was Tuesday, October 1st.

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).