Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Stock Holdings Increased by Pinnacle Wealth Management Group Inc.

Pinnacle Wealth Management Group Inc. lifted its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 8.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 154,558 shares of the exchange traded fund’s stock after purchasing an additional 12,440 shares during the period. Vanguard Mortgage-Backed Securities ETF comprises about 4.4% of Pinnacle Wealth Management Group Inc.’s holdings, making the stock its 3rd largest holding. Pinnacle Wealth Management Group Inc.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $7,008,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Truvestments Capital LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF during the third quarter worth approximately $35,000. Castleview Partners LLC raised its holdings 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 worth $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 approximately $45,000. First PREMIER Bank boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 214.5% in 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 in the last quarter. Finally, Sugarloaf Wealth Management LLC grew its position 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 last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.2 %

Shares of NASDAQ:VMBS opened at $44.68 on Tuesday. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $44.04 and a 12 month high of $47.59. The company’s fifty day moving average price is $45.65 and its 200 day moving average price is $46.19.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

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

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).