Merit Financial Group LLC Has $17.02 Million Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Merit Financial Group LLC increased its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 14.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 375,478 shares of the exchange traded fund’s stock after acquiring an additional 46,513 shares during the period. Merit Financial Group LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $17,024,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in VMBS. Decker Retirement Planning Inc. acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth approximately $386,000. Empirical Asset Management LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 1.9% in the fourth quarter. Empirical Asset Management LLC now owns 38,415 shares of the exchange traded fund’s stock valued at $1,742,000 after purchasing an additional 732 shares during the period. Bennett Associates Wealth Management lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.2% in the fourth quarter. Bennett Associates Wealth Management now owns 30,007 shares of the exchange traded fund’s stock worth $1,361,000 after buying an additional 653 shares during the last quarter. Certified Advisory Corp boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 2.2% during the 4th quarter. Certified Advisory Corp now owns 59,377 shares of the exchange traded fund’s stock worth $2,692,000 after buying an additional 1,258 shares during the period. Finally, SignalPoint Asset Management LLC grew its stake in Vanguard Mortgage-Backed Securities ETF by 48.1% in the 4th quarter. SignalPoint Asset Management LLC now owns 66,019 shares of the exchange traded fund’s stock valued at $2,993,000 after buying an additional 21,428 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of VMBS opened at $45.31 on Friday. Vanguard Mortgage-Backed Securities ETF has a one year low of $44.04 and a one year high of $47.59. The company’s fifty day moving average price is $45.60 and its 200 day moving average price is $46.18.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were paid a $0.1522 dividend. The ex-dividend date of this dividend was Tuesday, December 24th. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.14.

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).