Cetera Advisors LLC Purchases 140,900 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Cetera Advisors LLC lifted its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 112.0% in the 1st quarter, Holdings Channel.com reports. The fund owned 266,714 shares of the exchange traded fund’s stock after buying an additional 140,900 shares during the quarter. Cetera Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $12,165,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in VMBS. Bradley & Co. Private Wealth Management LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at about $29,000. Headlands Technologies LLC bought a new position in Vanguard Mortgage-Backed Securities ETF during the first quarter valued at approximately $36,000. Addison Advisors LLC boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 44.6% in the fourth quarter. Addison Advisors LLC now owns 849 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 262 shares during the last quarter. FSA Wealth Management LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF in the 1st quarter worth approximately $53,000. Finally, SouthState Corp purchased a new stake in Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at $57,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of VMBS stock traded up $0.58 on Friday, reaching $46.96. The stock had a trading volume of 2,898,406 shares, compared to its average volume of 1,520,879. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $42.06 and a 1 year high of $47.00. The company has a 50 day simple moving average of $45.59 and a 200 day simple moving average of $45.33.

Vanguard Mortgage-Backed Securities ETF Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, August 5th. Shareholders of record on Thursday, August 1st will be given a $0.151 dividend. The ex-dividend date of this dividend is Thursday, August 1st. This represents a $1.81 annualized dividend and a yield of 3.86%.

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).