Absolute Capital Management LLC Has $521,000 Stock Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Absolute Capital Management LLC lifted its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 15.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 11,495 shares of the exchange traded fund’s stock after acquiring an additional 1,518 shares during the quarter. Absolute Capital Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $521,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of VMBS. Certus Wealth Management LLC boosted its position in Vanguard Mortgage-Backed Securities ETF by 1.2% during the fourth quarter. Certus Wealth Management LLC now owns 48,094 shares of the exchange traded fund’s stock valued at $2,191,000 after purchasing an additional 570 shares during the last quarter. Axxcess Wealth Management LLC boosted its position in Vanguard Mortgage-Backed Securities ETF by 5.6% during the fourth quarter. Axxcess Wealth Management LLC now owns 44,810 shares of the exchange traded fund’s stock valued at $2,032,000 after purchasing an additional 2,367 shares during the last quarter. Sovereign Investment Advisors LLC boosted its position in Vanguard Mortgage-Backed Securities ETF by 1.3% during the fourth quarter. Sovereign Investment Advisors LLC now owns 163,991 shares of the exchange traded fund’s stock valued at $7,435,000 after purchasing an additional 2,120 shares during the last quarter. Harbour Investments Inc. boosted its position in Vanguard Mortgage-Backed Securities ETF by 15.4% during the fourth quarter. Harbour Investments Inc. now owns 80,547 shares of the exchange traded fund’s stock valued at $3,652,000 after purchasing an additional 10,768 shares during the last quarter. Finally, Centurion Wealth Management LLC boosted its position in Vanguard Mortgage-Backed Securities ETF by 64.2% during the fourth quarter. Centurion Wealth Management LLC now owns 48,635 shares of the exchange traded fund’s stock valued at $2,205,000 after purchasing an additional 19,008 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS opened at $46.25 on Friday. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $44.04 and a 1 year high of $47.59. The stock has a fifty day moving average price of $45.72 and a 200 day moving average price of $46.04.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a dividend of $0.1588 per share. The ex-dividend date was Monday, March 3rd.

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).