Sofi Wealth LLC Raises Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

Sofi Wealth LLC lifted its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 20.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 832,475 shares of the exchange traded fund’s stock after purchasing an additional 139,605 shares during the quarter. Vanguard Mortgage-Backed Securities ETF accounts for about 1.9% of Sofi Wealth LLC’s investment portfolio, making the stock its 17th biggest holding. Sofi Wealth LLC owned 0.26% of Vanguard Mortgage-Backed Securities ETF worth $39,085,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VMBS. Independent Financial Group LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF in the 1st quarter worth about $521,000. Evergreen Advisors LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF by 4.1% during the 1st quarter. Evergreen Advisors LLC now owns 692,834 shares of the exchange traded fund’s stock valued at $32,529,000 after acquiring an additional 27,022 shares during the period. Schwallier Wealth Management LLC bought a new position in Vanguard Mortgage-Backed Securities ETF during the 1st quarter valued at about $1,229,000. Sanctuary Advisors LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 6.4% during the 1st quarter. Sanctuary Advisors LLC now owns 187,266 shares of the exchange traded fund’s stock valued at $8,792,000 after acquiring an additional 11,299 shares during the last quarter. Finally, Sigma Planning Corp boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 42.4% during the 1st quarter. Sigma Planning Corp now owns 19,553 shares of the exchange traded fund’s stock valued at $918,000 after acquiring an additional 5,823 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.1%

Shares of VMBS stock opened at $46.45 on Friday. The company has a 50 day moving average price of $46.63 and a 200-day moving average price of $46.96. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $45.78 and a 52 week high of $47.90.

Vanguard Mortgage-Backed Securities ETF Dividend Announcement

The business 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) dividend on an annualized basis and a yield of 4.2%. 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).