Vanguard Mortgage-Backed Securities ETF $VMBS Shares Purchased by Ridgewood Investments LLC

Ridgewood Investments LLC boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 60.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 34,758 shares of the exchange traded fund’s stock after purchasing an additional 13,161 shares during the period. Ridgewood Investments LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $1,632,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Certus Wealth Management LLC grew its holdings in Vanguard Mortgage-Backed Securities ETF by 5.1% in the 2nd quarter. Certus Wealth Management LLC now owns 47,029 shares of the exchange traded fund’s stock worth $2,179,000 after buying an additional 2,289 shares in the last quarter. Bristlecone Advisors LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter worth approximately $591,000. Parker Financial LLC boosted its position in Vanguard Mortgage-Backed Securities ETF by 3.4% during the 2nd quarter. Parker Financial LLC now owns 125,107 shares of the exchange traded fund’s stock worth $5,798,000 after acquiring an additional 4,085 shares during the period. Bell Bank lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 74.3% during the 3rd quarter. Bell Bank now owns 778,461 shares of the exchange traded fund’s stock valued at $36,557,000 after buying an additional 331,869 shares during the last quarter. Finally, Dynamic Wealth Strategies LLC boosted its position in Vanguard Mortgage-Backed Securities ETF by 77.8% during the third quarter. Dynamic Wealth Strategies LLC now owns 175,531 shares of the exchange traded fund’s stock worth $8,243,000 after purchasing an additional 76,821 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ:VMBS opened at $47.16 on Friday. The firm’s 50-day moving average is $47.12 and its 200-day moving average is $46.83. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $44.85 and a 52-week high of $47.46.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, December 3rd. Investors of record on Monday, December 1st were paid a $0.1615 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) annualized dividend and a yield of 4.1%.

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). The Index covers the United States agency mortgage-backed, pass-through securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).