Financial Gravity Companies Inc. Takes Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Financial Gravity Companies Inc. bought a new stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 97,427 shares of the exchange traded fund’s stock, valued at approximately $4,515,000.

A number of other hedge funds have also recently added to or reduced their stakes in VMBS. Rockefeller Capital Management L.P. lifted its stake in Vanguard Mortgage-Backed Securities ETF by 15.6% in the second quarter. Rockefeller Capital Management L.P. now owns 376,606 shares of the exchange traded fund’s stock valued at $17,452,000 after buying an additional 50,755 shares during the last quarter. Citizens Financial Group Inc. RI increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 18.5% in the 2nd quarter. Citizens Financial Group Inc. RI now owns 56,247 shares of the exchange traded fund’s stock valued at $2,606,000 after acquiring an additional 8,763 shares during the period. Cetera Investment Advisers increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 0.5% in the 2nd quarter. Cetera Investment Advisers now owns 1,015,096 shares of the exchange traded fund’s stock valued at $47,040,000 after acquiring an additional 5,440 shares during the period. Meridian Wealth Management LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the 2nd quarter valued at $315,000. Finally, Security Financial Services INC. boosted its stake in Vanguard Mortgage-Backed Securities ETF by 0.7% during the 2nd quarter. Security Financial Services INC. now owns 34,146 shares of the exchange traded fund’s stock worth $1,582,000 after purchasing an additional 235 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $46.96 on Friday. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $44.65 and a 1 year high of $47.46. The company’s fifty day moving average is $47.09 and its two-hundred day moving average is $46.36.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, November 5th. Investors of record on Monday, November 3rd were given a $0.172 dividend. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date was Monday, November 3rd. This represents a c) annualized dividend and a yield of 4.4%.

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).