Kestra Investment Management LLC Buys 192,169 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Kestra Investment Management LLC raised its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 42.1% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 648,805 shares of the exchange traded fund’s stock after acquiring an additional 192,169 shares during the period. Vanguard Mortgage-Backed Securities ETF makes up about 1.3% of Kestra Investment Management LLC’s holdings, making the stock its 21st largest position. Kestra Investment Management LLC owned 0.17% of Vanguard Mortgage-Backed Securities ETF worth $30,630,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Asset Dedication LLC increased its stake in Vanguard Mortgage-Backed Securities ETF by 3,666.7% during the 2nd quarter. Asset Dedication LLC now owns 565 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 550 shares in the last quarter. Carmichael Hill & Associates Inc. raised 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 worth $33,000 after acquiring an additional 275 shares during the last quarter. Truvestments Capital LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 3rd quarter worth about $35,000. Castleview Partners LLC lifted its position in Vanguard Mortgage-Backed Securities ETF by 531.9% in the 3rd quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 734 shares in the last quarter. Finally, Armstrong Advisory Group Inc. acquired a new position in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at about $45,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $46.36 on Friday. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.04 and a 52 week high of $47.59. The business has a 50 day moving average price of $46.23 and a 200-day moving average price of $46.13.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were issued a dividend of $0.153 per share. This represents a $1.84 dividend on an annualized basis and a yield of 3.96%. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date was Friday, November 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).