VCI Wealth Management LLC Increases Position in Vanguard Mortgage-Backed Securities ETF $VMBS

VCI Wealth Management LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 10.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 221,809 shares of the exchange traded fund’s stock after purchasing an additional 20,860 shares during the quarter. Vanguard Mortgage-Backed Securities ETF makes up about 2.9% of VCI Wealth Management LLC’s investment portfolio, making the stock its 10th biggest holding. VCI Wealth Management LLC owned 0.07% of Vanguard Mortgage-Backed Securities ETF worth $10,414,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in VMBS. City State Bank boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 0.6% during the 4th quarter. City State Bank now owns 36,957 shares of the exchange traded fund’s stock worth $1,740,000 after buying an additional 235 shares during the last quarter. Genesis Private Wealth LLC grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 1.1% in the 1st quarter. Genesis Private Wealth LLC now owns 20,912 shares of the exchange traded fund’s stock valued at $982,000 after acquiring an additional 237 shares in the last quarter. Maia Wealth LLC increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 2.6% in the third quarter. Maia Wealth LLC now owns 9,323 shares of the exchange traded fund’s stock valued at $438,000 after acquiring an additional 240 shares during the last quarter. Rehmann Capital Advisory Group increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 3.2% in the fourth quarter. Rehmann Capital Advisory Group now owns 7,931 shares of the exchange traded fund’s stock valued at $373,000 after acquiring an additional 243 shares during the last quarter. Finally, Saranac Partners Ltd increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 2.1% in the fourth quarter. Saranac Partners Ltd now owns 11,728 shares of the exchange traded fund’s stock valued at $552,000 after acquiring an additional 245 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.0%

VMBS opened at $46.98 on Friday. The business’s 50-day simple moving average is $46.75 and its 200 day simple moving average is $47.02. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $45.69 and a 52-week high of $47.90.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were given a dividend of $0.1634 per share. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Monday, June 1st.

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). 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).