Larson Financial Group LLC reduced its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS – free report ) by 31.2% during the first quarter, the company announced in its latest Form 13F filing with the Securities and Exchange Commission. The fund sold 280 shares during the period, leaving it holding 618 shares of the ETF. Larson Financial Group LLC's holdings of Vanguard Mortgage-Backed Securities ETF were worth $28,000 at the end of its most recent reporting period.
A number of other hedge funds and institutional investors also modified their holdings of the company. Consolidated Portfolio Review Inc. increased its holdings in Vanguard Mortgage-Backed Securities ETF by 0.3% in the fourth quarter. Consolidated Portfolio Review Inc. now owns 79,132 shares of the exchange-traded fund valued at $3,669,000 after purchasing an additional 244 shares during the period. OmniStar Financial Group Inc. increased its holdings in Vanguard Mortgage-Backed Securities ETF by 2.4% in the fourth quarter. It now owns 10,590 shares of the exchange-traded fund valued at $491,000 after purchasing an additional 248 shares during the period. AdvisorNet Financial Inc. increased its holdings in Vanguard Mortgage-Backed Securities ETF by 0.5% in the first quarter. AdvisorNet Financial Inc now owns 50,036 shares of the exchange traded fund's shares valued at $2,282,000 after purchasing an additional 250 shares during the period. Addison Advisors LLC increased its holdings in Vanguard Mortgage-Backed Securities ETF by 44.6% in the fourth quarter. Addison Advisors LLC now owns 849 shares of the exchange traded fund's shares valued at $39,000 after purchasing an additional 262 shares during the period. Finally, Security Financial Services INC. increased its holdings in Vanguard Mortgage-Backed Securities ETF by 1.1% during the first quarter. Security Financial Services INC. now owns 27,298 shares of the exchange traded fund's shares valued at $1,245,000. This is because it purchased an additional 284 shares during the period.
Vanguard Mortgage-Backed Securities ETF volume up 0.5%
VMBS opened trading at $45.86 on Friday. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $42.06 and a 52-week high of $46.59. The company's 50-day moving average is $45.25 and its 200-day moving average is $45.34.
Vanguard Mortgage-Backed Securities ETF Increases Dividend
The company also recently declared a monthly dividend, which was paid on Wednesday, July 3rd. Shareholders of record on Monday, July 1st were paid a dividend of $0.151 per share. This is an increase from Vanguard Mortgage-Backed Securities ETF's previous monthly dividend of $0.15. This equates to an annualized dividend of $1.81 and a yield of 3.95%. The ex-dividend date for this dividend was on Monday, July 1st.
About Vanguard Mortgage-Backed Securities ETF
(Free report)
The Vanguard Mortgage Backed Securities ETF (the Fund) seeks to track the performance of a market-weighted mortgage-backed securities index. The Fund employs a passively managed or index investing approach designed to track the performance of the Barclays Capital US MBS Float Adjusted Index (the Index).
reference
Want to know which other hedge funds are holding VMBS? Visit HoldingsChannel.com to get the latest 13F filings and insider transactions for Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS – FREE REPORT).
Get Vanguard Mortgage-Backed Securities ETF News and Ratings Daily – Enter your email address below to receive a concise summary of the latest news and analyst ratings on Vanguard Mortgage-Backed Securities ETF and related companies every day with MarketBeat.com's free daily email newsletter.