Sound Income Strategies LLC Lowers Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Sound Income Strategies LLC decreased its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 40.9% in the 2nd quarter, Holdings Channel.com reports. The fund owned 3,267 shares of the exchange traded fund’s stock after selling 2,260 shares during the quarter. Sound Income Strategies LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $150,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Silicon Valley Capital Partners purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 1st quarter valued at $26,000. GeoWealth Management LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth about $27,000. Retirement Group LLC lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 792.9% during the fourth quarter. Retirement Group LLC now owns 625 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 555 shares in the last quarter. Integrity Financial Corp WA boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 234.6% in the first quarter. Integrity Financial Corp WA now owns 629 shares of the exchange traded fund’s stock valued at $29,000 after purchasing an additional 441 shares during the period. Finally, Tucker Asset Management LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF in the first quarter valued at approximately $30,000.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.3 %

NASDAQ VMBS opened at $44.70 on Friday. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $43.33 and a 52 week high of $47.56. The firm has a 50 day moving average of $45.21 and a two-hundred day moving average of $45.88.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, September 7th. Investors of record on Tuesday, September 5th were paid a dividend of $0.13 per share. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.13. This represents a $1.56 annualized dividend and a yield of 3.49%. The ex-dividend date of this dividend was Friday, September 1st.

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).