Sofi Wealth LLC Purchases Shares of 10,000 Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Sofi Wealth LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 10,000 shares of the exchange traded fund’s stock, valued at approximately $453,000. Vanguard Mortgage-Backed Securities ETF accounts for approximately 0.0% of Sofi Wealth LLC’s portfolio, making the stock its 23rd biggest holding.

Several other institutional investors have also added to or reduced their stakes in VMBS. Bank of New York Mellon Corp raised its holdings in Vanguard Mortgage-Backed Securities ETF by 1.7% in the 4th quarter. Bank of New York Mellon Corp now owns 10,292,783 shares of the exchange traded fund’s stock valued at $466,675,000 after acquiring an additional 169,602 shares in the last quarter. Security Benefit Life Insurance Co. KS raised its holdings in Vanguard Mortgage-Backed Securities ETF by 102.9% in the 4th quarter. Security Benefit Life Insurance Co. KS now owns 86,630 shares of the exchange traded fund’s stock valued at $3,928,000 after acquiring an additional 43,930 shares in the last quarter. World Equity Group Inc. acquired a new position in Vanguard Mortgage-Backed Securities ETF in the 4th quarter valued at $699,000. Wealthspire Advisors LLC raised its holdings in Vanguard Mortgage-Backed Securities ETF by 106.4% in the 4th quarter. Wealthspire Advisors LLC now owns 11,252 shares of the exchange traded fund’s stock valued at $510,000 after acquiring an additional 5,800 shares in the last quarter. Finally, Lutz Financial Services LLC raised its holdings in Vanguard Mortgage-Backed Securities ETF by 59.2% in the 4th quarter. Lutz Financial Services LLC now owns 36,322 shares of the exchange traded fund’s stock valued at $1,647,000 after acquiring an additional 13,505 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.1 %

Shares of NASDAQ VMBS opened at $45.98 on Tuesday. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.04 and a fifty-two week high of $47.59. The business has a fifty day moving average price of $45.39 and a two-hundred day moving average price of $46.11.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were issued a dividend of $0.1598 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.15.

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).