Onyx Bridge Wealth Group LLC Buys 3,079 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Onyx Bridge Wealth Group LLC raised its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 50.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 9,123 shares of the exchange traded fund’s stock after acquiring an additional 3,079 shares during the period. Onyx Bridge Wealth Group LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $423,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in VMBS. NewEdge Advisors LLC increased its stake in shares of 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 valued at $11,323,000 after buying an additional 71,796 shares during the period. Prudential Financial Inc. increased its stake in shares of 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 valued at $8,029,000 after buying an additional 12,419 shares during the period. KC Investment Advisors LLC increased its stake in shares of 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 valued at $291,000 after buying an additional 258 shares during the period. West Michigan Advisors LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the first quarter valued at approximately $425,000. Finally, Nelson Van Denburg & Campbell Wealth Management Group LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the first quarter valued at approximately $183,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of VMBS traded up $0.03 during mid-day trading on Friday, hitting $44.32. 884,995 shares of the company’s stock traded hands, compared to its average volume of 1,712,042. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $42.06 and a 1 year high of $47.04. The business’s 50-day moving average price is $45.20 and its 200-day moving average price is $44.92.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were paid a $0.1462 dividend. This represents a $1.75 annualized dividend and a yield of 3.96%. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.14. The ex-dividend date of this dividend was Monday, April 1st.

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).