Redhawk Wealth Advisors Inc. Purchases New Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

Redhawk Wealth Advisors Inc. acquired a new position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 15,153 shares of the exchange traded fund’s stock, valued at approximately $713,000.

Several other institutional investors also recently modified their holdings of the company. Bristlecone Advisors LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 3rd quarter valued at $591,000. BlueStem Wealth Partners LLC lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 9.3% during the 3rd quarter. BlueStem Wealth Partners LLC now owns 597,332 shares of the exchange traded fund’s stock valued at $28,051,000 after purchasing an additional 50,651 shares during the last quarter. 1834 Investment Advisors Co. boosted its position in Vanguard Mortgage-Backed Securities ETF by 6.6% in the third quarter. 1834 Investment Advisors Co. now owns 270,166 shares of the exchange traded fund’s stock valued at $12,687,000 after buying an additional 16,663 shares in the last quarter. Bell Bank boosted its position in Vanguard Mortgage-Backed Securities ETF by 74.3% in the third 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 in the last quarter. Finally, First Interstate Bank grew its stake in Vanguard Mortgage-Backed Securities ETF by 2.1% during the third quarter. First Interstate Bank now owns 1,268,396 shares of the exchange traded fund’s stock worth $59,564,000 after buying an additional 25,655 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

NASDAQ VMBS opened at $46.56 on Monday. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $44.85 and a 1-year high of $47.90. The company has a 50 day moving average of $47.24 and a 200-day moving average of $47.15.

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 given a $0.1609 dividend. The ex-dividend date was Monday, March 2nd. 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).