Level Financial Advisors Has $11.16 Million Stock Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Level Financial Advisors increased its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 8.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 237,034 shares of the exchange traded fund’s stock after buying an additional 19,361 shares during the period. Vanguard Mortgage-Backed Securities ETF accounts for 3.0% of Level Financial Advisors’ holdings, making the stock its 10th biggest holding. Level Financial Advisors owned about 0.08% of Vanguard Mortgage-Backed Securities ETF worth $11,160,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Imprint Wealth LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter valued at about $25,000. Tidemark LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 665.4% in the third quarter. Tidemark LLC now owns 796 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 692 shares during the last quarter. Fortitude Family Office LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF in the third quarter valued at about $38,000. Millstone Evans Group LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 103.7% in the third quarter. Millstone Evans Group LLC now owns 829 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 422 shares during the last quarter. Finally, Signaturefd LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 1,067.6% in the fourth quarter. Signaturefd LLC now owns 864 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 790 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

NASDAQ VMBS opened at $47.09 on Friday. The company’s 50 day moving average is $47.18 and its 200-day moving average is $47.14. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $45.05 and a 12-month high of $47.90.

Vanguard Mortgage-Backed Securities ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Monday, April 6th. Investors of record on Wednesday, April 1st were issued a dividend of $0.1617 per share. The ex-dividend date of this dividend was Wednesday, 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). 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).