Inspire Advisors LLC Raises Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Inspire Advisors LLC boosted its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 20.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,675 shares of the exchange traded fund’s stock after purchasing an additional 3,162 shares during the period. Inspire Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $865,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Southland Equity Partners LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 2.1% in the second quarter. Southland Equity Partners LLC now owns 10,767 shares of the exchange traded fund’s stock worth $499,000 after buying an additional 220 shares during the period. Security Financial Services INC. boosted its holdings 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 valued at $1,582,000 after acquiring an additional 235 shares during the period. Kovack Advisors Inc. increased its stake in Vanguard Mortgage-Backed Securities ETF by 1.3% in the 2nd quarter. Kovack Advisors Inc. now owns 18,315 shares of the exchange traded fund’s stock worth $849,000 after purchasing an additional 242 shares during the period. Richardson Financial Services Inc. increased its stake in Vanguard Mortgage-Backed Securities ETF by 5.7% in the 2nd quarter. Richardson Financial Services Inc. now owns 4,730 shares of the exchange traded fund’s stock worth $219,000 after purchasing an additional 254 shares during the period. Finally, Stephens Inc. AR lifted its position in Vanguard Mortgage-Backed Securities ETF by 1.1% in the second quarter. Stephens Inc. AR now owns 23,363 shares of the exchange traded fund’s stock valued at $1,083,000 after purchasing an additional 265 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

NASDAQ:VMBS opened at $46.99 on Wednesday. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.65 and a fifty-two week high of $47.46. The business has a 50 day moving average price of $47.09 and a 200-day moving average price of $46.37.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

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

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).