Centurion Wealth Management LLC Grows Stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Centurion Wealth Management LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 64.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 48,635 shares of the exchange traded fund’s stock after purchasing an additional 19,008 shares during the quarter. Centurion Wealth Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $2,205,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in VMBS. Truvestments Capital LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at approximately $35,000. POM Investment Strategies LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at approximately $37,000. Synergy Investment Management LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at approximately $84,000. Richard W. Paul & Associates LLC grew its holdings in Vanguard Mortgage-Backed Securities ETF by 11.8% during the 4th quarter. Richard W. Paul & Associates LLC now owns 2,432 shares of the exchange traded fund’s stock valued at $110,000 after buying an additional 257 shares in the last quarter. Finally, Cape Investment Advisory Inc. grew its holdings in Vanguard Mortgage-Backed Securities ETF by 78.8% during the 4th quarter. Cape Investment Advisory Inc. now owns 2,439 shares of the exchange traded fund’s stock valued at $111,000 after buying an additional 1,075 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ VMBS opened at $45.98 on Friday. The business has a 50 day simple moving average of $45.63 and a two-hundred day simple moving average of $46.05. 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 Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.1588 per share. The ex-dividend date was Monday, March 3rd.

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).