Synergy Investment Management LLC Makes New $84,000 Investment in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Synergy Investment Management LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,854 shares of the exchange traded fund’s stock, valued at approximately $84,000.

Other institutional investors also recently bought and sold shares of the company. Steward Partners Investment Advisory LLC raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 99.3% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 10,099 shares of the exchange traded fund’s stock worth $458,000 after acquiring an additional 5,032 shares during the last quarter. Sage Rhino Capital LLC raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 29.7% in the fourth quarter. Sage Rhino Capital LLC now owns 88,466 shares of the exchange traded fund’s stock worth $4,011,000 after acquiring an additional 20,244 shares during the last quarter. Mission Wealth Management LP raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 4.6% in the fourth quarter. Mission Wealth Management LP now owns 8,224 shares of the exchange traded fund’s stock worth $373,000 after acquiring an additional 363 shares during the last quarter. Lincoln National Corp raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 5.8% in the fourth quarter. Lincoln National Corp now owns 3,456,910 shares of the exchange traded fund’s stock worth $156,736,000 after acquiring an additional 188,977 shares during the last quarter. Finally, Jones Financial Companies Lllp raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 6.8% in the fourth quarter. Jones Financial Companies Lllp now owns 30,087 shares of the exchange traded fund’s stock worth $1,364,000 after acquiring an additional 1,903 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

NASDAQ VMBS opened at $46.24 on Wednesday. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.04 and a fifty-two week high of $47.59. The business has a fifty day moving average of $45.51 and a 200-day moving average of $46.09.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd will be issued a $0.1588 dividend. The ex-dividend date is Monday, March 3rd.

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).