Bradley & Co. Private Wealth Management LLC Takes $29,000 Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Bradley & Co. Private Wealth Management LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 619 shares of the exchange traded fund’s stock, valued at approximately $29,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VMBS. VCI Wealth Management LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at approximately $6,103,000. Syon Capital LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at $14,171,000. Atria Wealth Solutions Inc. boosted its position in Vanguard Mortgage-Backed Securities ETF by 4.3% during the 4th quarter. Atria Wealth Solutions Inc. now owns 392,944 shares of the exchange traded fund’s stock valued at $18,217,000 after acquiring an additional 16,280 shares in the last quarter. Sensible Financial Planning & Management LLC. increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 76.3% in the 4th quarter. Sensible Financial Planning & Management LLC. now owns 160,025 shares of the exchange traded fund’s stock valued at $7,419,000 after acquiring an additional 69,272 shares during the period. Finally, Fountainhead AM LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 5.4% in the 4th quarter. Fountainhead AM LLC now owns 215,301 shares of the exchange traded fund’s stock worth $9,981,000 after acquiring an additional 11,113 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS traded down $0.15 on Thursday, hitting $44.22. The company had a trading volume of 975,328 shares, compared to its average volume of 1,683,139. The stock has a fifty day moving average price of $45.13 and a 200-day moving average price of $44.96. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $42.06 and a 12-month high of $47.04.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were given a $0.1462 dividend. The ex-dividend date of this dividend was Monday, April 1st. This represents a $1.75 dividend on an annualized basis and a dividend yield of 3.97%. This is an increase 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).