Fountainhead AM LLC Grows Stock Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Fountainhead AM LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 5.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 215,301 shares of the exchange traded fund’s stock after purchasing an additional 11,113 shares during the period. Vanguard Mortgage-Backed Securities ETF comprises about 2.7% of Fountainhead AM LLC’s holdings, making the stock its 14th largest holding. Fountainhead AM LLC owned about 0.06% of Vanguard Mortgage-Backed Securities ETF worth $9,981,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VMBS. IFP Advisors Inc boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 13.9% in the 3rd quarter. IFP Advisors Inc now owns 4,485 shares of the exchange traded fund’s stock valued at $196,000 after purchasing an additional 548 shares in the last quarter. RFG Advisory LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF in the 3rd quarter valued at $899,000. Leavell Investment Management Inc. raised its holdings in Vanguard Mortgage-Backed Securities ETF by 11.1% in the 3rd quarter. Leavell Investment Management Inc. now owns 4,873 shares of the exchange traded fund’s stock valued at $213,000 after acquiring an additional 487 shares during the last quarter. Onyx Bridge Wealth Group LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 24.3% during the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 6,044 shares of the exchange traded fund’s stock worth $265,000 after buying an additional 1,180 shares during the last quarter. Finally, Avior Wealth Management LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 12.1% during the 3rd quarter. Avior Wealth Management LLC now owns 10,759 shares of the exchange traded fund’s stock worth $471,000 after buying an additional 1,160 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.3 %

Vanguard Mortgage-Backed Securities ETF stock traded up $0.15 during trading on Tuesday, reaching $44.52. 1,189,470 shares of the company’s stock were exchanged, compared to its average volume of 1,696,410. The company’s 50-day moving average is $45.17 and its two-hundred day moving average is $44.97. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $42.06 and a 52-week high of $47.04.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were paid a $0.1462 dividend. This represents a $1.75 dividend on an annualized basis and a dividend yield of 3.94%. The ex-dividend date of this dividend was Monday, April 1st. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.14.

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).