Courier Capital LLC Sells 55,441 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Courier Capital LLC cut its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 16.5% in the fourth quarter, HoldingsChannel reports. The firm owned 281,016 shares of the exchange traded fund’s stock after selling 55,441 shares during the period. Vanguard Mortgage-Backed Securities ETF accounts for approximately 0.9% of Courier Capital LLC’s portfolio, making the stock its 21st biggest holding. Courier Capital LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $12,741,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of VMBS. Pallas Capital Advisors LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 0.4% in the fourth quarter. Pallas Capital Advisors LLC now owns 611,565 shares of the exchange traded fund’s stock valued at $27,728,000 after purchasing an additional 2,425 shares during the period. Miracle Mile Advisors LLC grew its stake in Vanguard Mortgage-Backed Securities ETF by 19.1% in the 4th quarter. Miracle Mile Advisors LLC now owns 208,724 shares of the exchange traded fund’s stock valued at $9,464,000 after buying an additional 33,535 shares during the last quarter. Elevated Capital Advisors LLC raised its holdings in Vanguard Mortgage-Backed Securities ETF by 70.1% in the 4th quarter. Elevated Capital Advisors LLC now owns 88,192 shares of the exchange traded fund’s stock worth $3,999,000 after acquiring an additional 36,350 shares during the period. Parkside Advisors LLC lifted its position in Vanguard Mortgage-Backed Securities ETF by 5.7% during the 4th quarter. Parkside Advisors LLC now owns 556,905 shares of the exchange traded fund’s stock worth $25,250,000 after acquiring an additional 30,207 shares during the last quarter. Finally, Brookstone Capital Management boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 5.4% during the fourth quarter. Brookstone Capital Management now owns 98,820 shares of the exchange traded fund’s stock valued at $4,481,000 after acquiring an additional 5,062 shares during the period.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.2 %

Shares of NASDAQ:VMBS traded down $0.09 during midday trading on Monday, hitting $44.68. The company’s stock had a trading volume of 3,110,466 shares, compared to its average volume of 2,043,452. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.04 and a fifty-two week high of $47.59. The stock’s 50 day simple moving average is $45.67 and its 200 day simple moving average is $46.20.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were given a $0.1522 dividend. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.14. The ex-dividend date was Tuesday, December 24th.

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).