Altfest L J & Co. Inc. Has $1.29 Million Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Altfest L J & Co. Inc. increased its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 9.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,786 shares of the exchange traded fund’s stock after buying an additional 2,386 shares during the quarter. Altfest L J & Co. Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $1,288,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in VMBS. NewEdge Advisors LLC grew its position in Vanguard Mortgage-Backed Securities ETF by 46.6% during the first quarter. NewEdge Advisors LLC now owns 226,001 shares of the exchange traded fund’s stock worth $11,323,000 after buying an additional 71,796 shares in the last quarter. Prudential Financial Inc. grew its position in Vanguard Mortgage-Backed Securities ETF by 8.4% during the first quarter. Prudential Financial Inc. now owns 160,261 shares of the exchange traded fund’s stock worth $8,029,000 after buying an additional 12,419 shares in the last quarter. KC Investment Advisors LLC grew its position in Vanguard Mortgage-Backed Securities ETF by 4.7% during the first quarter. KC Investment Advisors LLC now owns 5,802 shares of the exchange traded fund’s stock worth $291,000 after buying an additional 258 shares in the last quarter. West Michigan Advisors LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the first quarter worth approximately $425,000. Finally, Nelson Van Denburg & Campbell Wealth Management Group LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF during the first quarter worth $183,000.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.2 %

NASDAQ VMBS traded up $0.08 on Wednesday, hitting $45.74. 1,616,496 shares of the company’s stock were exchanged, compared to its average volume of 1,764,807. The stock has a 50-day moving average of $45.51 and a 200-day moving average of $44.85. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $42.06 and a 52 week high of $47.21.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 6th. Shareholders of record on Monday, March 4th were paid a dividend of $0.1453 per share. The ex-dividend date of this dividend was Friday, March 1st. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.14. This represents a $1.74 annualized dividend and a yield of 3.81%.

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).