Family CFO Inc Sells 6,706 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Family CFO Inc reduced its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 2.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 234,257 shares of the exchange traded fund’s stock after selling 6,706 shares during the period. Vanguard Mortgage-Backed Securities ETF makes up 6.2% of Family CFO Inc’s investment portfolio, making the stock its 5th biggest position. Family CFO Inc’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $11,059,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Empirical Asset Management LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 0.7% in the third quarter. Empirical Asset Management LLC now owns 37,683 shares of the exchange traded fund’s stock valued at $1,779,000 after buying an additional 247 shares in the last quarter. AdvisorNet Financial Inc raised its position in Vanguard Mortgage-Backed Securities ETF by 0.5% in the first quarter. AdvisorNet Financial Inc now owns 50,036 shares of the exchange traded fund’s stock valued at $2,282,000 after purchasing an additional 250 shares during the last quarter. Carmichael Hill & Associates Inc. raised its position 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 valued at $33,000 after purchasing an additional 275 shares during the last quarter. Security Financial Services INC. raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 1.1% during the first quarter. Security Financial Services INC. now owns 27,298 shares of the exchange traded fund’s stock worth $1,245,000 after acquiring an additional 284 shares during the last quarter. Finally, AA Financial Advisors LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 5.7% during the second 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 last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of VMBS opened at $46.43 on Friday. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $42.06 and a 1 year high of $47.59. The business has a 50-day moving average of $46.96 and a 200-day moving average of $45.87.

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 issued a $0.145 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.74 dividend on an annualized basis and a yield of 3.75%.

Vanguard Mortgage-Backed Securities ETF 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).