Larson Financial Group LLC Decreases Stock Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Larson Financial Group LLC trimmed its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 53.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 898 shares of the exchange traded fund’s stock after selling 1,014 shares during the quarter. Larson Financial Group LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $42,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Sugarloaf Wealth Management LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth approximately $27,000. Citigroup Inc. raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 194.0% during the 3rd quarter. Citigroup Inc. now owns 1,379 shares of the exchange traded fund’s stock valued at $60,000 after buying an additional 910 shares during the period. City Holding Co. purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at approximately $61,000. BluePath Capital Management LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at approximately $90,000. Finally, Capital Investment Advisory Services LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 359.8% during the 3rd quarter. Capital Investment Advisory Services LLC now owns 2,244 shares of the exchange traded fund’s stock valued at $98,000 after buying an additional 1,756 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.3 %

VMBS stock opened at $44.35 on Friday. The firm’s 50 day moving average price is $45.11 and its 200-day moving average price is $44.96. Vanguard Mortgage-Backed Securities ETF has a one year low of $42.06 and a one year high of $47.04.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.1462 per share. This represents a $1.75 annualized dividend and a dividend yield of 3.96%. The ex-dividend date was Monday, April 1st. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.14.

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).