Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Purchased by Executive Wealth Management LLC

Executive Wealth Management LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 1,922,620.0% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 672,952 shares of the exchange traded fund’s stock after purchasing an additional 672,917 shares during the period. Vanguard Mortgage-Backed Securities ETF comprises approximately 5.0% of Executive Wealth Management LLC’s portfolio, making the stock its 4th largest position. Executive Wealth Management LLC owned 0.36% of Vanguard Mortgage-Backed Securities ETF worth $35,552,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Gemmer Asset Management LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 1st quarter worth $26,000. GWM Advisors LLC lifted its position in Vanguard Mortgage-Backed Securities ETF by 12.5% in the first quarter. GWM Advisors LLC now owns 31,125 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 3,459 shares during the last quarter. Camarda Financial Advisors LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the first quarter valued at $39,000. Valeo Financial Advisors LLC lifted its position in Vanguard Mortgage-Backed Securities ETF by 928.6% in the second quarter. Valeo Financial Advisors LLC now owns 936 shares of the exchange traded fund’s stock valued at $49,000 after acquiring an additional 845 shares during the last quarter. Finally, Enterprise Financial Services Corp purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the first quarter valued at $91,000.

Shares of VMBS opened at $52.96 on Wednesday. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $50.19 and a 1-year high of $53.17. The company has a fifty day moving average of $52.88.

The business also recently declared a monthly dividend, which was paid on Tuesday, August 6th. Investors of record on Friday, August 2nd were given a $0.133 dividend. The ex-dividend date was Thursday, August 1st. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.07. This represents a $1.60 dividend on an annualized basis and a yield of 3.01%.

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).

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Institutional Ownership by Quarter for Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

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