Marcum Wealth LLC Trims Stock Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Marcum Wealth LLC lessened its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 4.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,993 shares of the exchange traded fund’s stock after selling 685 shares during the quarter. Marcum Wealth LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $729,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. LPL Financial LLC lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 9.7% during the 3rd quarter. LPL Financial LLC now owns 4,416,122 shares of the exchange traded fund’s stock worth $193,338,000 after buying an additional 390,939 shares during the last quarter. Mather Group LLC. raised its position in Vanguard Mortgage-Backed Securities ETF by 0.9% in the 3rd quarter. Mather Group LLC. now owns 3,021,774 shares of the exchange traded fund’s stock valued at $132,293,000 after purchasing an additional 27,169 shares during the last quarter. Harbour Investments Inc. raised its position in Vanguard Mortgage-Backed Securities ETF by 9.5% in the 3rd quarter. Harbour Investments Inc. now owns 26,554 shares of the exchange traded fund’s stock valued at $1,163,000 after purchasing an additional 2,294 shares during the last quarter. Pallas Capital Advisors LLC raised its position in Vanguard Mortgage-Backed Securities ETF by 18.2% in the 4th quarter. Pallas Capital Advisors LLC now owns 460,795 shares of the exchange traded fund’s stock valued at $21,362,000 after purchasing an additional 70,816 shares during the last quarter. Finally, Schmidt P J Investment Management Inc. purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the 4th quarter valued at $390,000.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.1 %

VMBS stock opened at $45.75 on Friday. The company has a fifty day moving average price of $44.94 and a 200 day moving average price of $45.37. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $42.06 and a 12 month high of $46.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 5th. Investors of record on Monday, June 3rd were given a $0.15 dividend. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date was Monday, June 3rd. This represents a $1.80 annualized dividend and a yield of 3.93%.

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).