Dynamic Advisor Solutions LLC Increases Stake in Vanguard Mortgage-Backed Securities ETF

Dynamic Advisor Solutions LLC has increased its ownership in the Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 7.6% during the third quarter of the year. This information comes from the firm’s latest 13F filing submitted to the Securities and Exchange Commission. Following this acquisition, the company now holds a total of 7,442 shares in the ETF, having added an additional 527 shares in the recent quarter. As of the most recent SEC filing, Dynamic Advisor Solutions LLC’s investment in the Vanguard Mortgage-Backed Securities ETF is valued at approximately $351,000.

In addition to Dynamic Advisor Solutions LLC, several other large investors have also made adjustments to their holdings in VMBS. For instance, AdvisorNet Financial Inc. raised its position in the Vanguard Mortgage-Backed Securities ETF by 0.5% during the first quarter, now owning 50,036 shares valued at $2,282,000 after acquiring an extra 250 shares in the last quarter. Likewise, Carmichael Hill & Associates Inc. boosted its stake significantly by 59.7% in the second quarter, now holding 736 shares valued at $33,000 after purchasing an additional 275 shares.

Security Financial Services Inc. has also increased its position in the ETF by 1.1% in the first quarter, now owning 27,298 shares valued at $1,245,000 after acquiring 284 additional shares. Arden Trust Co. has similarly enhanced its stake in the ETF by 1.6% during the first quarter, now possessing 20,481 shares worth $934,000 after acquiring 313 additional shares. Lastly, AA Financial Advisors LLC expanded its holdings by 5.7% in the second quarter, increasing its ownership to 6,370 shares valued at $289,000 after adding 343 shares.

Current Performance of Vanguard Mortgage-Backed Securities ETF

As of the latest market data, shares of the Vanguard Mortgage-Backed Securities ETF opened at $46.47. The ETF has a fifty-day moving average of $46.97 and a two-hundred-day moving average of $45.84. Over the past year, the ETF has seen a low of $42.06 and a high of $47.59.

Dividend Information for Vanguard Mortgage-Backed Securities ETF

Recently, the Vanguard Mortgage-Backed Securities ETF announced a monthly dividend, which was paid on October 3rd. Shareholders of record on October 1st received a dividend of $0.145. This amounts to an annualized dividend of $1.74, resulting in a dividend yield of 3.74%. The ex-dividend date was set for October 1st.

Overview of Vanguard Mortgage-Backed Securities ETF

The Vanguard Mortgage-Backed Securities ETF is designed to track the performance of a market-weighted index composed of mortgage-backed securities. Utilizing a passive management strategy, the ETF aims to follow the performance of the Barclays Capital U.S. MBS Float Adjusted Index.

Investment, ETF, Finance