IVC Wealth Advisors LLC Sells 4,971 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

IVC Wealth Advisors LLC lessened its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 16.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,945 shares of the exchange traded fund’s stock after selling 4,971 shares during the period. IVC Wealth Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $1,202,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Breakwater Investment Management bought a new stake in Vanguard Mortgage-Backed Securities ETF in the 1st quarter valued at approximately $27,000. Dunhill Financial LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF in the 1st quarter valued at approximately $31,000. LRI Investments LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF by 138.9% in the 1st quarter. LRI Investments LLC now owns 731 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 425 shares in the last quarter. Oliver Lagore Vanvalin Investment Group bought a new stake in Vanguard Mortgage-Backed Securities ETF in the 2nd quarter valued at approximately $80,000. Finally, Parallel Advisors LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF by 37.7% in the 1st quarter. Parallel Advisors LLC now owns 1,789 shares of the exchange traded fund’s stock valued at $83,000 after acquiring an additional 490 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ VMBS opened at $46.97 on Friday. The stock’s 50 day moving average price is $46.64 and its two-hundred day moving average price is $46.11. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.65 and a 52 week high of $47.38.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st were paid a $0.1533 dividend. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 3.9%.

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).