EverSource Wealth Advisors LLC Acquires 184,230 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

EverSource Wealth Advisors LLC boosted its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 92.1% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 384,290 shares of the exchange traded fund’s stock after buying an additional 184,230 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $18,042,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of VMBS. DecisionPoint Financial LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at about $25,000. Glen Eagle Advisors LLC lifted its position in Vanguard Mortgage-Backed Securities ETF by 1,609.7% during the fourth quarter. Glen Eagle Advisors LLC now owns 530 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 499 shares during the period. Vision Retirement LLC lifted its position in Vanguard Mortgage-Backed Securities ETF by 1,915.4% during the first quarter. Vision Retirement LLC now owns 524 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 498 shares during the period. Imprint Wealth LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the third quarter worth approximately $25,000. Finally, Ascentis Independent Advisors purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the first quarter worth approximately $27,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

NASDAQ VMBS opened at $46.37 on Wednesday. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $45.98 and a 1-year high of $47.90. The business’s fifty day moving average price is $46.58 and its 200-day moving average price is $46.92.

Vanguard Mortgage-Backed Securities ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were given a $0.1645 dividend. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Wednesday, July 1st.

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). 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).