Legacy Wealth Asset Management LLC Has $650,000 Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Legacy Wealth Asset Management LLC grew its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 3.2% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 14,251 shares of the exchange traded fund’s stock after buying an additional 447 shares during the quarter. Legacy Wealth Asset Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $650,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VMBS. Consolidated Portfolio Review Corp lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 0.3% during the 4th quarter. Consolidated Portfolio Review Corp now owns 79,132 shares of the exchange traded fund’s stock valued at $3,669,000 after purchasing an additional 244 shares during the last quarter. OmniStar Financial Group Inc. boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 2.4% in the 4th quarter. OmniStar Financial Group Inc. now owns 10,590 shares of the exchange traded fund’s stock worth $491,000 after acquiring an additional 248 shares in the last quarter. AdvisorNet Financial Inc grew its position in Vanguard Mortgage-Backed Securities ETF by 0.5% during the 1st quarter. AdvisorNet Financial Inc now owns 50,036 shares of the exchange traded fund’s stock worth $2,282,000 after acquiring an additional 250 shares during the last quarter. Addison Advisors LLC increased its holdings in Vanguard Mortgage-Backed Securities ETF by 44.6% during the 4th quarter. Addison Advisors LLC now owns 849 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 262 shares in the last quarter. Finally, Security Financial Services INC. raised its position in Vanguard Mortgage-Backed Securities ETF by 1.1% in the 1st quarter. Security Financial Services INC. now owns 27,298 shares of the exchange traded fund’s stock valued at $1,245,000 after purchasing an additional 284 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of VMBS stock opened at $45.26 on Friday. The stock’s fifty day moving average is $45.10 and its 200-day moving average is $45.36. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $42.06 and a 52 week high of $46.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st were given a dividend of $0.151 per share. This represents a $1.81 dividend on an annualized basis and a dividend yield of 4.00%. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date was Monday, July 1st.

Vanguard Mortgage-Backed Securities ETF 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).