Onyx Bridge Wealth Group LLC Grows Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Onyx Bridge Wealth Group LLC grew its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 786.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 104,823 shares of the exchange traded fund’s stock after buying an additional 92,992 shares during the period. Onyx Bridge Wealth Group LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $4,949,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Charles Schwab Investment Advisory Inc. boosted its position in Vanguard Mortgage-Backed Securities ETF by 2.2% in the first quarter. Charles Schwab Investment Advisory Inc. now owns 134,995,733 shares of the exchange traded fund’s stock valued at $6,157,155,000 after buying an additional 2,856,614 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the first quarter worth $57,419,000. Envestnet Asset Management Inc. boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 3.6% in the second quarter. Envestnet Asset Management Inc. now owns 19,115,115 shares of the exchange traded fund’s stock valued at $867,826,000 after purchasing an additional 659,720 shares during the last quarter. Manning & Napier Advisors LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the 2nd quarter worth about $22,216,000. Finally, Kestra Investment Management LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the 2nd quarter worth about $20,731,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of VMBS stock opened at $46.39 on Friday. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $42.06 and a 52-week high of $47.59. The business has a 50-day simple moving average of $46.96 and a 200-day simple moving average of $45.86.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were given a $0.145 dividend. The ex-dividend date was Tuesday, October 1st. This represents a $1.74 annualized dividend and a yield of 3.75%.

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).