Archer Investment Corp Has $239,000 Stock Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Archer Investment Corp boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 21.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 5,067 shares of the exchange traded fund’s stock after buying an additional 911 shares during the period. Archer Investment Corp’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $239,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Asset Dedication LLC lifted its position in Vanguard Mortgage-Backed Securities ETF by 3,666.7% in the 2nd quarter. Asset Dedication LLC now owns 565 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 550 shares in the last quarter. Carmichael Hill & Associates Inc. raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 59.7% in the 2nd quarter. Carmichael Hill & Associates Inc. now owns 736 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 275 shares during the period. Headlands Technologies LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 1st quarter valued at about $36,000. Castleview Partners LLC lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 531.9% in the third quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 734 shares in the last quarter. Finally, Armstrong Advisory Group Inc. acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter worth about $45,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $45.55 on Friday. The business’s 50 day simple moving average is $46.52 and its 200 day simple moving average is $46.04. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $44.04 and a 52-week high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were paid a $0.153 dividend. This represents a $1.84 dividend on an annualized basis and a yield of 4.03%. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date was Friday, November 1st.

Vanguard Mortgage-Backed Securities ETF Company 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).