Vanguard Mortgage-Backed Securities ETF $VMBS is Rialto Wealth Management LLC’s 8th Largest Position

Rialto Wealth Management LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 296.3% during the third quarter, HoldingsChannel reports. The institutional investor owned 246,926 shares of the exchange traded fund’s stock after acquiring an additional 184,621 shares during the period. Vanguard Mortgage-Backed Securities ETF accounts for about 3.0% of Rialto Wealth Management LLC’s holdings, making the stock its 8th biggest holding. Rialto Wealth Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $11,596,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in VMBS. Evolution Wealth Management Inc. purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the 2nd quarter worth $34,000. Tidemark LLC grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 665.4% in the third quarter. Tidemark LLC now owns 796 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 692 shares during the period. CENTRAL TRUST Co purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the second quarter worth about $38,000. Fortitude Family Office LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 3rd quarter worth about $38,000. Finally, Millstone Evans Group LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 103.7% during the 3rd quarter. Millstone Evans Group LLC now owns 829 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 422 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.3%

VMBS stock opened at $47.70 on Monday. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $44.85 and a 12-month high of $47.70. The business’s 50-day moving average is $47.16 and its 200 day moving average is $46.99.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were paid a $0.1645 dividend. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Monday, February 2nd.

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).