Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Purchased by Financial Advocates Investment Management

Financial Advocates Investment Management boosted its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 8.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 15,979 shares of the exchange traded fund’s stock after purchasing an additional 1,237 shares during the quarter. Financial Advocates Investment Management’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $725,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Truvestments Capital LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at $35,000. Castleview Partners LLC raised its position in Vanguard Mortgage-Backed Securities ETF by 531.9% in the third quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 734 shares during the period. Armstrong Advisory Group Inc. acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter worth about $45,000. Centennial Bank AR boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 875.2% in the third quarter. Centennial Bank AR now owns 2,360 shares of the exchange traded fund’s stock worth $111,000 after buying an additional 2,118 shares during the period. Finally, Money Concepts Capital Corp acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at about $205,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

Vanguard Mortgage-Backed Securities ETF stock opened at $45.56 on Friday. Vanguard Mortgage-Backed Securities ETF has a one year low of $44.04 and a one year high of $47.59. The stock’s 50 day moving average price is $45.52 and its 200 day moving average price is $46.16.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.1598 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.15.

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).