18,704 Shares in Vanguard Mortgage-Backed Securities ETF $VMBS Bought by Financial Plan Inc.

Financial Plan Inc. acquired a new stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the 1st quarter, Holdings Channel reports. The fund acquired 18,704 shares of the exchange traded fund’s stock, valued at approximately $878,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. DecisionPoint Financial LLC bought a new position in Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth about $25,000. Glen Eagle Advisors LLC lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 1,609.7% in the fourth quarter. Glen Eagle Advisors LLC now owns 530 shares of the exchange traded fund’s stock valued at $25,000 after purchasing an additional 499 shares in the last quarter. Imprint Wealth LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter worth about $25,000. Kingdom Financial Group LLC. acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth about $29,000. Finally, MilWealth Group LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth about $30,000.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.1%

NASDAQ:VMBS opened at $46.61 on Friday. The stock has a 50-day simple moving average of $46.72 and a 200 day simple moving average of $47.01. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $45.69 and a 52-week high of $47.90.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st will be issued a $0.1645 dividend. The ex-dividend date is Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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).