TRUE Private Wealth Advisors Grows Stock Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

TRUE Private Wealth Advisors lifted its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 18.8% during the second quarter, HoldingsChannel.com reports. The firm owned 33,170 shares of the exchange traded fund’s stock after purchasing an additional 5,240 shares during the quarter. TRUE Private Wealth Advisors’ holdings in Vanguard Mortgage-Backed Securities ETF were worth $1,537,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VMBS. Legacy Investment Solutions LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF in the second quarter worth $32,000. CENTRAL TRUST Co purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 2nd quarter worth about $38,000. Bellevue Asset Management LLC bought a new position in Vanguard Mortgage-Backed Securities ETF in the 2nd quarter worth about $39,000. Traub Capital Management LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF during the 2nd quarter valued at about $60,000. Finally, Berkshire Money Management Inc. bought a new stake in Vanguard Mortgage-Backed Securities ETF during the 2nd quarter valued at about $68,000.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.2%

Shares of NASDAQ VMBS opened at $47.04 on Wednesday. The firm’s 50 day moving average price is $47.09 and its 200-day moving average price is $46.37. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $44.65 and a 52-week high of $47.46.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

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

About Vanguard Mortgage-Backed Securities ETF

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).