AlphaStar Capital Management LLC Cuts Stock Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

AlphaStar Capital Management LLC decreased its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 6.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 43,467 shares of the exchange traded fund’s stock after selling 2,912 shares during the period. AlphaStar Capital Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $1,971,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 26.1% during the third quarter. JPMorgan Chase & Co. now owns 8,581,819 shares of the exchange traded fund’s stock worth $405,148,000 after acquiring an additional 1,777,531 shares during the last quarter. Assetmark Inc. lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 2.8% in the third quarter. Assetmark Inc. now owns 7,642,051 shares of the exchange traded fund’s stock worth $360,781,000 after buying an additional 207,604 shares in the last quarter. Stifel Financial Corp boosted its stake in Vanguard Mortgage-Backed Securities ETF by 3.1% during the third quarter. Stifel Financial Corp now owns 5,627,553 shares of the exchange traded fund’s stock valued at $265,677,000 after buying an additional 171,411 shares during the last quarter. LPL Financial LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 3.7% during the third quarter. LPL Financial LLC now owns 5,180,600 shares of the exchange traded fund’s stock valued at $244,576,000 after buying an additional 184,105 shares during the last quarter. Finally, Raymond James & Associates increased its stake in Vanguard Mortgage-Backed Securities ETF by 102.5% in the 3rd quarter. Raymond James & Associates now owns 3,431,563 shares of the exchange traded fund’s stock worth $162,004,000 after acquiring an additional 1,737,364 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS stock opened at $45.56 on Friday. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.04 and a fifty-two week high of $47.59. The firm has a fifty day moving average price of $45.50 and a 200 day moving average price of $46.16.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a dividend of $0.1598 per share. The ex-dividend date was Monday, February 3rd. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.15.

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).