FSA Advisors Inc. Trims Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

FSA Advisors Inc. trimmed its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 8.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,679 shares of the exchange traded fund’s stock after selling 1,624 shares during the period. FSA Advisors Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $781,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Trilogy Capital Inc. increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 37.9% during the 1st quarter. Trilogy Capital Inc. now owns 9,584 shares of the exchange traded fund’s stock valued at $437,000 after acquiring an additional 2,635 shares during the last quarter. Hexagon Capital Partners LLC increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 29.6% during the 1st quarter. Hexagon Capital Partners LLC now owns 3,432 shares of the exchange traded fund’s stock valued at $157,000 after acquiring an additional 783 shares during the last quarter. Northland Capital Management LLC increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.2% during the 1st quarter. Northland Capital Management LLC now owns 383,654 shares of the exchange traded fund’s stock valued at $17,498,000 after acquiring an additional 8,173 shares during the last quarter. Leeward Financial Partners LLC increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 9.7% during the 1st quarter. Leeward Financial Partners LLC now owns 62,869 shares of the exchange traded fund’s stock valued at $2,867,000 after acquiring an additional 5,547 shares during the last quarter. Finally, Kovack Advisors Inc. increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 6.1% during the 1st quarter. Kovack Advisors Inc. now owns 14,841 shares of the exchange traded fund’s stock valued at $677,000 after acquiring an additional 859 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.1 %

NASDAQ VMBS opened at $45.96 on Monday. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $42.40 and a 12 month high of $47.59. The company has a 50-day moving average of $46.89 and a 200-day moving average of $45.92.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Tuesday, October 1st were paid a dividend of $0.145 per share. This represents a $1.74 dividend on an annualized basis and a dividend yield of 3.79%. The ex-dividend date of this dividend was Tuesday, October 1st.

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).