Ullmann Wealth Partners Group LLC Lowers Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

Ullmann Wealth Partners Group LLC lessened its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 20.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 72,010 shares of the exchange traded fund’s stock after selling 18,011 shares during the quarter. Ullmann Wealth Partners Group LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $3,382,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Legacy Investment Solutions LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the second quarter valued at approximately $32,000. Evolution Wealth Management Inc. purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 2nd quarter worth about $34,000. CENTRAL TRUST Co purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the second quarter valued at about $38,000. Bellevue Asset Management LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the second quarter worth about $39,000. Finally, AlphaCore Capital LLC boosted its position in Vanguard Mortgage-Backed Securities ETF by 71.7% during the 2nd quarter. AlphaCore Capital LLC now owns 884 shares of the exchange traded fund’s stock valued at $41,000 after acquiring an additional 369 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.0%

VMBS stock opened at $47.13 on Monday. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.65 and a fifty-two week high of $47.46. The business’s 50 day moving average price is $47.12 and its two-hundred day moving average price is $46.68.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Monday, December 1st were given a dividend of $0.1615 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) annualized dividend and a yield of 4.1%.

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). The Index covers the United States agency mortgage-backed, pass-through securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).