SteelPeak Wealth LLC Takes Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

SteelPeak Wealth LLC bought a new position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 28,091 shares of the exchange traded fund’s stock, valued at approximately $1,274,000.

Several other hedge funds have also bought and sold shares of VMBS. Integrated Wealth Concepts LLC lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 28.1% in the third quarter. Integrated Wealth Concepts LLC now owns 8,167 shares of the exchange traded fund’s stock valued at $386,000 after buying an additional 1,793 shares in the last quarter. Atomi Financial Group Inc. raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 13.0% in the 4th quarter. Atomi Financial Group Inc. now owns 5,695 shares of the exchange traded fund’s stock worth $258,000 after acquiring an additional 654 shares during the last quarter. FMR LLC lifted its position in Vanguard Mortgage-Backed Securities ETF by 17.2% in the 3rd quarter. FMR LLC now owns 15,647 shares of the exchange traded fund’s stock valued at $739,000 after acquiring an additional 2,297 shares in the last quarter. Fisher Asset Management LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 0.3% during the 3rd quarter. Fisher Asset Management LLC now owns 78,094 shares of the exchange traded fund’s stock valued at $3,687,000 after purchasing an additional 229 shares during the last quarter. Finally, Park Avenue Securities LLC increased its holdings in Vanguard Mortgage-Backed Securities ETF by 7.1% during the 4th quarter. Park Avenue Securities LLC now owns 10,630 shares of the exchange traded fund’s stock worth $482,000 after purchasing an additional 708 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

VMBS stock opened at $45.60 on Thursday. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $44.04 and a twelve month high of $47.59. The stock’s 50 day moving average is $45.57 and its 200-day moving average is $46.18.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were paid a dividend of $0.1522 per share. The ex-dividend date of this dividend was Tuesday, December 24th. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.14.

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).