SteelPeak Wealth LLC Makes New Investment in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

SteelPeak Wealth LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 28,091 shares of the exchange traded fund’s stock, valued at approximately $1,274,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Integrated Wealth Concepts LLC grew its stake in Vanguard Mortgage-Backed Securities ETF by 28.1% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 8,167 shares of the exchange traded fund’s stock valued at $386,000 after purchasing an additional 1,793 shares during the period. Atomi Financial Group Inc. raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 13.0% during the 4th quarter. Atomi Financial Group Inc. now owns 5,695 shares of the exchange traded fund’s stock worth $258,000 after purchasing an additional 654 shares during the period. FMR LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 17.2% in the 3rd quarter. FMR LLC now owns 15,647 shares of the exchange traded fund’s stock worth $739,000 after buying an additional 2,297 shares during the last quarter. Fisher Asset Management LLC grew its position in Vanguard Mortgage-Backed Securities ETF by 0.3% during the third quarter. Fisher Asset Management LLC now owns 78,094 shares of the exchange traded fund’s stock valued at $3,687,000 after buying an additional 229 shares during the period. Finally, Park Avenue Securities LLC increased its holdings in Vanguard Mortgage-Backed Securities ETF by 7.1% during the fourth quarter. Park Avenue Securities LLC now owns 10,630 shares of the exchange traded fund’s stock worth $482,000 after buying an additional 708 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.1 %

Shares of VMBS stock opened at $45.60 on Thursday. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.04 and a 52 week high of $47.59. The firm’s 50-day simple moving average is $45.57 and its two-hundred day simple moving average is $46.18.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were paid a $0.1522 dividend. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.14. The ex-dividend date 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).