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

IHT Wealth Management LLC bought a new position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 4,501 shares of the exchange traded fund’s stock, valued at approximately $240,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. BTIM Corp. boosted its stake in Vanguard Mortgage-Backed Securities ETF by 4.0% in the 2nd quarter. BTIM Corp. now owns 26,165 shares of the exchange traded fund’s stock worth $1,382,000 after purchasing an additional 1,000 shares during the period. Appleton Partners Inc. MA acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the second quarter worth $218,000. Swarthmore Group Inc. acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the second quarter worth $2,356,000. Steward Partners Investment Advisory LLC boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 153.6% in the second quarter. Steward Partners Investment Advisory LLC now owns 12,965 shares of the exchange traded fund’s stock worth $684,000 after buying an additional 7,852 shares during the period. Finally, MD Financial Management Inc. grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 9.0% during the second quarter. MD Financial Management Inc. now owns 1,338,331 shares of the exchange traded fund’s stock valued at $70,704,000 after buying an additional 110,984 shares in the last quarter.

NASDAQ:VMBS opened at $53.24 on Wednesday. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $50.91 and a 1-year high of $53.36. The business’s fifty day moving average price is $53.19 and its 200 day moving average price is $52.97.

The firm also recently announced a monthly dividend, which will be paid on Thursday, December 5th. Shareholders of record on Tuesday, December 3rd will be paid a dividend of $0.102 per share. The ex-dividend date is Monday, December 2nd. This represents a $1.22 annualized dividend and a yield of 2.30%.

Vanguard Mortgage-Backed Securities ETF Company 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).

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Institutional Ownership by Quarter for Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

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