Patten & Patten Inc. TN Sells 300 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Patten & Patten Inc. TN trimmed its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 5.4% in the 4th quarter, Holdings Channel reports. The fund owned 5,223 shares of the exchange traded fund’s stock after selling 300 shares during the quarter. Patten & Patten Inc. TN’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $237,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Integrated Wealth Concepts LLC boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 28.1% in the third quarter. Integrated Wealth Concepts LLC now owns 8,167 shares of the exchange traded fund’s stock valued at $386,000 after acquiring an additional 1,793 shares during the period. Allspring Global Investments Holdings LLC boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 37.1% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 208,728 shares of the exchange traded fund’s stock valued at $9,464,000 after acquiring an additional 56,504 shares during the period. Atomi Financial Group Inc. boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 13.0% in the fourth quarter. Atomi Financial Group Inc. now owns 5,695 shares of the exchange traded fund’s stock valued at $258,000 after acquiring an additional 654 shares during the period. Steward Partners Investment Advisory LLC boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 99.3% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 10,099 shares of the exchange traded fund’s stock valued at $458,000 after acquiring an additional 5,032 shares during the period. Finally, FMR LLC lifted its position in Vanguard Mortgage-Backed Securities ETF by 17.2% in the third quarter. FMR LLC now owns 15,647 shares of the exchange traded fund’s stock worth $739,000 after purchasing an additional 2,297 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.3 %

Shares of VMBS stock opened at $45.98 on Monday. Vanguard Mortgage-Backed Securities ETF has a one year low of $44.04 and a one year high of $47.59. The stock has a fifty day moving average price of $45.63 and a 200 day moving average price of $46.04.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

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

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).