Foundations Investment Advisors LLC Sells 1,807 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Foundations Investment Advisors LLC trimmed its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 3.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 59,248 shares of the exchange traded fund’s stock after selling 1,807 shares during the period. Foundations Investment Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $2,686,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Truvestments Capital LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter valued at about $35,000. Castleview Partners LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 531.9% during the third quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 734 shares during the last quarter. Armstrong Advisory Group Inc. purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at approximately $45,000. First PREMIER Bank increased its stake in Vanguard Mortgage-Backed Securities ETF by 214.5% in the 3rd quarter. First PREMIER Bank now owns 1,478 shares of the exchange traded fund’s stock worth $70,000 after acquiring an additional 1,008 shares during the last quarter. Finally, Sugarloaf Wealth Management LLC raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 34.1% during the 3rd quarter. Sugarloaf Wealth Management LLC now owns 1,806 shares of the exchange traded fund’s stock worth $85,000 after acquiring an additional 459 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.6 %

NASDAQ VMBS opened at $45.58 on Tuesday. The stock has a 50 day moving average price of $45.57 and a 200-day moving average price of $46.18. Vanguard Mortgage-Backed Securities ETF has a one year low of $44.04 and a one year high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

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

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).