AlphaStar Capital Management LLC Sells 2,912 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

AlphaStar Capital Management LLC decreased its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 6.3% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 43,467 shares of the exchange traded fund’s stock after selling 2,912 shares during the quarter. AlphaStar Capital Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $1,971,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in VMBS. Alpha Financial Partners LLC bought a new position in Vanguard Mortgage-Backed Securities ETF in the third quarter worth approximately $226,000. Dynamic Advisor Solutions LLC lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 7.6% during the third quarter. Dynamic Advisor Solutions LLC now owns 7,442 shares of the exchange traded fund’s stock valued at $351,000 after buying an additional 527 shares during the last quarter. Atomi Financial Group Inc. bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 3rd quarter valued at about $238,000. Mendota Financial Group LLC grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 17.1% in the 3rd quarter. Mendota Financial Group LLC now owns 175,394 shares of the exchange traded fund’s stock worth $8,280,000 after buying an additional 25,658 shares during the last quarter. Finally, Level Financial Advisors raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 5.4% during the 3rd quarter. Level Financial Advisors now owns 181,127 shares of the exchange traded fund’s stock worth $8,551,000 after acquiring an additional 9,285 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.2 %

NASDAQ VMBS opened at $45.56 on Friday. The firm’s fifty day simple moving average is $45.50 and its two-hundred day simple moving average is $46.16. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $44.04 and a 12-month high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a $0.1598 dividend. The ex-dividend date was Monday, February 3rd. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.15.

Vanguard Mortgage-Backed Securities ETF Company 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).