Truvestments Capital LLC Buys New Shares in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Truvestments Capital LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 736 shares of the exchange traded fund’s stock, valued at approximately $35,000.

A number of other hedge funds also recently made changes to their positions in VMBS. Asset Dedication LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 3,666.7% in the 2nd quarter. Asset Dedication LLC now owns 565 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 550 shares during the period. Carmichael Hill & Associates Inc. raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 59.7% in the 2nd quarter. Carmichael Hill & Associates Inc. now owns 736 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 275 shares during the period. Castleview Partners LLC lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 531.9% in the 3rd 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 in the last quarter. Armstrong Advisory Group Inc. purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 3rd quarter worth about $45,000. Finally, Triad Wealth Partners LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF during the second quarter valued at approximately $53,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

Vanguard Mortgage-Backed Securities ETF stock opened at $46.25 on Thursday. The firm has a fifty day moving average of $46.27 and a 200-day moving average of $46.11. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $44.04 and a 52-week high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were issued a dividend of $0.153 per share. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. This represents a $1.84 annualized dividend and a dividend yield of 3.97%. The ex-dividend date was Friday, November 1st.

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).