Executive Wealth Management LLC Increases Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Executive Wealth Management LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 2.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,090,565 shares of the exchange traded fund’s stock after purchasing an additional 22,843 shares during the quarter. Vanguard Mortgage-Backed Securities ETF comprises approximately 6.6% of Executive Wealth Management LLC’s holdings, making the stock its largest holding. Executive Wealth Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $51,486,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of VMBS. Asset Dedication LLC lifted 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 purchasing an additional 550 shares during the period. Carmichael Hill & Associates Inc. boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 59.7% in the 2nd quarter. Carmichael Hill & Associates Inc. now owns 736 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 275 shares during the last quarter. Headlands Technologies LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 1st quarter valued at about $36,000. Castleview Partners LLC grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 531.9% during the 3rd quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 734 shares during the period. Finally, Armstrong Advisory Group Inc. acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at about $45,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

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

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 $0.153 dividend. The ex-dividend date was Friday, November 1st. This is a positive change 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 4.00%.

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).