Center For Asset Management LLC Sells 7,307 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Center For Asset Management LLC reduced its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 5.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 123,762 shares of the exchange traded fund’s stock after selling 7,307 shares during the quarter. Vanguard Mortgage-Backed Securities ETF makes up about 3.6% of Center For Asset Management LLC’s portfolio, making the stock its 7th largest holding. Center For Asset Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $5,611,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Truvestments Capital LLC bought a new position in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter worth approximately $35,000. Castleview Partners LLC increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 531.9% during the third quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 734 shares during the period. Armstrong Advisory Group Inc. bought a new position in Vanguard Mortgage-Backed Securities ETF during the third quarter worth $45,000. First PREMIER Bank lifted its holdings 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 buying an additional 1,008 shares during the period. Finally, Sugarloaf Wealth Management LLC boosted its position in Vanguard Mortgage-Backed Securities ETF by 34.1% during the third quarter. Sugarloaf Wealth Management LLC now owns 1,806 shares of the exchange traded fund’s stock valued at $85,000 after acquiring an additional 459 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS stock opened at $45.32 on Monday. The stock has a 50-day moving average price of $45.57 and a 200-day moving average price of $46.18. 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. Shareholders of record on Tuesday, December 24th were issued a $0.1522 dividend. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.14. The ex-dividend date of this dividend was Tuesday, December 24th.

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).