Sovereign Investment Advisors LLC Acquires 2,120 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Sovereign Investment Advisors LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 1.3% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 163,991 shares of the exchange traded fund’s stock after purchasing an additional 2,120 shares during the period. Vanguard Mortgage-Backed Securities ETF accounts for approximately 2.2% of Sovereign Investment Advisors LLC’s holdings, making the stock its 15th largest position. Sovereign Investment Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $7,435,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Integrated Wealth Concepts LLC grew its holdings in Vanguard Mortgage-Backed Securities ETF by 28.1% during the third quarter. Integrated Wealth Concepts LLC now owns 8,167 shares of the exchange traded fund’s stock worth $386,000 after purchasing an additional 1,793 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 37.1% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 208,728 shares of the exchange traded fund’s stock worth $9,464,000 after acquiring an additional 56,504 shares during the period. Atomi Financial Group Inc. boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 13.0% during the fourth 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 period. FMR LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 17.2% during the third quarter. FMR LLC now owns 15,647 shares of the exchange traded fund’s stock worth $739,000 after acquiring an additional 2,297 shares during the period. Finally, Steward Partners Investment Advisory LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 99.3% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 10,099 shares of the exchange traded fund’s stock worth $458,000 after acquiring an additional 5,032 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of NASDAQ:VMBS opened at $45.98 on Friday. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $44.04 and a 12-month high of $47.59. The business has a 50 day moving average of $45.63 and a 200-day moving average of $46.05.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

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