Perigon Wealth Management LLC Decreases Stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Perigon Wealth Management LLC cut its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 7.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 80,826 shares of the exchange traded fund’s stock after selling 6,186 shares during the quarter. Perigon Wealth Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $3,662,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Truvestments Capital LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at approximately $35,000. Castleview Partners LLC lifted its position in Vanguard Mortgage-Backed Securities ETF by 531.9% during the third quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 734 shares during the period. Armstrong Advisory Group Inc. purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the third quarter valued at $45,000. First PREMIER Bank raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 214.5% during the 3rd quarter. First PREMIER Bank now owns 1,478 shares of the exchange traded fund’s stock valued at $70,000 after buying an additional 1,008 shares during the last quarter. Finally, Sugarloaf Wealth Management LLC lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 34.1% in the 3rd quarter. Sugarloaf Wealth Management LLC now owns 1,806 shares of the exchange traded fund’s stock valued at $85,000 after buying an additional 459 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of VMBS opened at $45.55 on Wednesday. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.04 and a 52 week high of $47.59. The stock’s 50-day moving average price is $45.57 and its 200-day moving average price is $46.18.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were paid a dividend of $0.1522 per share. This is a boost 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 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).