Family CFO Inc Has $13.96 Million Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

Family CFO Inc raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 8.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 297,194 shares of the exchange traded fund’s stock after purchasing an additional 22,368 shares during the quarter. Vanguard Mortgage-Backed Securities ETF makes up approximately 6.4% of Family CFO Inc’s holdings, making the stock its 5th largest holding. Family CFO Inc’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $13,956,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Legacy Investment Solutions LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 2nd quarter valued at $32,000. Evolution Wealth Management Inc. bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the second quarter valued at about $34,000. CENTRAL TRUST Co bought a new stake in Vanguard Mortgage-Backed Securities ETF in the 2nd quarter valued at approximately $38,000. Fortitude Family Office LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF during the third quarter worth $38,000. Finally, Bellevue Asset Management LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 2nd quarter worth about $39,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

NASDAQ VMBS opened at $47.24 on Friday. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $44.85 and a 12 month high of $47.46. The stock has a 50 day moving average of $47.11 and a 200-day moving average of $46.80.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business 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 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).