Vanguard Mortgage-Backed Securities ETF $VMBS Shares Sold by Sagespring Wealth Partners LLC

Sagespring Wealth Partners LLC decreased its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 69.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,210 shares of the exchange traded fund’s stock after selling 11,815 shares during the quarter. Sagespring Wealth Partners LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $245,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 1.2% in the 2nd quarter. Bank of America Corp DE now owns 53,150,304 shares of the exchange traded fund’s stock valued at $2,462,985,000 after purchasing an additional 643,509 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Vanguard Mortgage-Backed Securities ETF by 2.0% in the second quarter. JPMorgan Chase & Co. now owns 49,670,899 shares of the exchange traded fund’s stock valued at $2,301,750,000 after buying an additional 964,005 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Vanguard Mortgage-Backed Securities ETF by 1.1% in the second quarter. Envestnet Asset Management Inc. now owns 21,081,488 shares of the exchange traded fund’s stock valued at $976,908,000 after buying an additional 221,237 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 0.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 10,082,461 shares of the exchange traded fund’s stock worth $467,221,000 after buying an additional 31,772 shares during the last quarter. Finally, Assetmark Inc. lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 3.9% during the 2nd quarter. Assetmark Inc. now owns 8,614,281 shares of the exchange traded fund’s stock worth $399,186,000 after buying an additional 321,293 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.0%

VMBS opened at $47.29 on Friday. Vanguard Mortgage-Backed Securities ETF has a one year low of $44.85 and a one year high of $47.46. The business’s 50-day simple moving average is $47.15 and its 200-day simple moving average is $46.88.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd will be paid a $0.1645 dividend. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date is Monday, February 2nd.

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). The Index covers the United States agency mortgage-backed, pass-through securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).