Paces Ferry Wealth Advisors LLC Buys Shares of 7,933 Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Paces Ferry Wealth Advisors LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 7,933 shares of the exchange traded fund’s stock, valued at approximately $360,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Truvestments Capital LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter worth $35,000. POM Investment Strategies LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth $37,000. Synergy Investment Management LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth $84,000. Richard W. Paul & Associates LLC increased its holdings in Vanguard Mortgage-Backed Securities ETF by 11.8% in the fourth quarter. Richard W. Paul & Associates LLC now owns 2,432 shares of the exchange traded fund’s stock valued at $110,000 after purchasing an additional 257 shares during the last quarter. Finally, Cape Investment Advisory Inc. boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 78.8% during the fourth quarter. Cape Investment Advisory Inc. now owns 2,439 shares of the exchange traded fund’s stock worth $111,000 after buying an additional 1,075 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Vanguard Mortgage-Backed Securities ETF stock opened at $46.22 on Friday. The business has a 50-day moving average of $45.75 and a 200-day moving average of $46.02. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $44.04 and a 1 year high of $47.59.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a $0.1588 dividend. The ex-dividend date was Monday, March 3rd.

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).