Schwallier Wealth Management LLC Purchases Shares of 26,171 Vanguard Mortgage-Backed Securities ETF $VMBS

Schwallier Wealth Management LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 26,171 shares of the exchange traded fund’s stock, valued at approximately $1,229,000. Vanguard Mortgage-Backed Securities ETF makes up about 0.9% of Schwallier Wealth Management LLC’s holdings, making the stock its 17th biggest position.

Other large investors also recently modified their holdings of the company. Bell Bank grew its stake in Vanguard Mortgage-Backed Securities ETF by 8.5% in the fourth quarter. Bell Bank now owns 844,957 shares of the exchange traded fund’s stock valued at $39,781,000 after purchasing an additional 66,496 shares in the last quarter. Level Financial Advisors increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 8.9% during the 4th quarter. Level Financial Advisors now owns 237,034 shares of the exchange traded fund’s stock worth $11,160,000 after purchasing an additional 19,361 shares during the last quarter. Rialto Wealth Management LLC raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 57.1% during the 4th quarter. Rialto Wealth Management LLC now owns 387,799 shares of the exchange traded fund’s stock worth $18,258,000 after purchasing an additional 140,873 shares in the last quarter. Apella Capital LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth approximately $606,000. Finally, Signal Advisors Wealth LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 88.5% in the 1st quarter. Signal Advisors Wealth LLC now owns 89,461 shares of the exchange traded fund’s stock valued at $4,200,000 after buying an additional 41,995 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

NASDAQ:VMBS opened at $46.50 on Thursday. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $45.71 and a 1-year high of $47.90. The firm has a fifty day simple moving average of $46.63 and a 200 day simple moving average of $46.97.

Vanguard Mortgage-Backed Securities ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were issued a dividend of $0.1645 per share. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a yield of 4.2%.

About Vanguard Mortgage-Backed Securities ETF

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).