Vanguard Mortgage-Backed Securities ETF $VMBS Shares Bought by Rialto Wealth Management LLC

Rialto Wealth Management LLC boosted its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 57.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 387,799 shares of the exchange traded fund’s stock after buying an additional 140,873 shares during the period. Vanguard Mortgage-Backed Securities ETF makes up approximately 4.4% of Rialto Wealth Management LLC’s portfolio, making the stock its 5th biggest position. Rialto Wealth Management LLC owned approximately 0.12% of Vanguard Mortgage-Backed Securities ETF worth $18,258,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Goodman Financial Corp bought a new position in Vanguard Mortgage-Backed Securities ETF in the fourth quarter worth approximately $23,609,000. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 7.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,311,166 shares of the exchange traded fund’s stock valued at $61,782,000 after acquiring an additional 86,439 shares in the last quarter. Websterrogers Financial Advisors LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 3.7% during the fourth quarter. Websterrogers Financial Advisors LLC now owns 288,718 shares of the exchange traded fund’s stock worth $13,593,000 after purchasing an additional 10,192 shares during the period. Genesis Private Wealth LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth approximately $973,000. Finally, Sovereign Financial Group Inc. lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 6.1% in the 4th quarter. Sovereign Financial Group Inc. now owns 110,380 shares of the exchange traded fund’s stock worth $5,197,000 after purchasing an additional 6,328 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

NASDAQ VMBS opened at $46.77 on Tuesday. The company has a fifty day simple moving average of $47.28 and a 200 day simple moving average of $47.16. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $44.85 and a 12-month high of $47.90.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a $0.1609 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Monday, March 2nd.

About Vanguard Mortgage-Backed Securities ETF

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).