Lido Advisors LLC cut its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS – Free Report) by 41.7% in the third quarter, HoldingsChannel reports. The firm owned 5,262 shares of the exchange traded fund’s stock after selling 3,760 shares during the quarter. Lido Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $230,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Geneos Wealth Management Inc. boosted its stake in Vanguard Mortgage-Backed Securities ETF by 254.4% during the first quarter. Geneos Wealth Management Inc. now owns 599 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 430 shares during the period. Retirement Group LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 792.9% during the fourth quarter. Retirement Group LLC now owns 625 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 555 shares during the period. Vestor Capital LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the second quarter worth $53,000. Center for Financial Planning Inc. boosted its stake in Vanguard Mortgage-Backed Securities ETF by 10,037.5% during the second quarter. Center for Financial Planning Inc. now owns 811 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 803 shares during the period. Finally, Salem Investment Counselors Inc. purchased a new position in Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth $44,000.
Vanguard Mortgage-Backed Securities ETF Stock Down 0.2 %
NASDAQ VMBS opened at $45.64 on Wednesday. The company has a fifty day moving average of $45.62 and a two-hundred day moving average of $44.82. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $42.06 and a 52 week high of $47.21.
Vanguard Mortgage-Backed Securities ETF Increases Dividend
The firm also recently announced a monthly dividend, which was paid on Wednesday, March 6th. Stockholders of record on Monday, March 4th were given a dividend of $0.1453 per share. This represents a $1.74 annualized dividend and a dividend yield of 3.82%. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.14. The ex-dividend date of this dividend was Friday, March 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).
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Want to see what other hedge funds are holding VMBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS – Free Report).
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