Graetz Wealth LLC Purchases New Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Graetz Wealth LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 53,502 shares of the exchange traded fund’s stock, valued at approximately $2,519,000. Vanguard Mortgage-Backed Securities ETF makes up approximately 2.3% of Graetz Wealth LLC’s holdings, making the stock its 17th biggest holding.

Other institutional investors also recently modified their holdings of the company. DecisionPoint Financial LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at approximately $25,000. Imprint Wealth LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter worth approximately $25,000. Kingdom Financial Group LLC. bought a new stake in Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth approximately $29,000. MilWealth Group LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth approximately $30,000. Finally, Key Financial Inc lifted its stake in Vanguard Mortgage-Backed Securities ETF by 128.9% in the 4th quarter. Key Financial Inc now owns 641 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 361 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

VMBS opened at $46.77 on Friday. The company has a fifty day moving average price of $46.79 and a 200-day moving average price of $47.05. Vanguard Mortgage-Backed Securities ETF has a one year low of $45.59 and a one year high of $47.90.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were given a dividend of $0.1634 per share. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16. The ex-dividend date was Monday, June 1st.

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).