B.O.S.S. Retirement Advisors LLC Increases Stake in Vanguard Mortgage-Backed Securities ETF
B.O.S.S. Retirement Advisors LLC has revealed in its most recent filing with the Securities and Exchange Commission (SEC) that it has increased its position in Vanguard Mortgage-Backed Securities ETF by 22.8% during the second quarter. The firm now holds 17,005 shares of the exchange-traded fund’s stock, with a total worth of $782,000 at the end of the quarter.
Other large investors have also made changes to their stakes in the company, including Silicon Valley Capital Partners, GeoWealth Management LLC, Retirement Group LLC, Integrity Financial Corp WA, and Tucker Asset Management LLC.
Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) opened at $44.70 on Friday, with a 52-week low of $43.33 and a 52-week high of $47.56. The fund’s fifty-day moving average is $45.20, while its 200-day moving average is $45.86.
In addition to its stake increase, Vanguard Mortgage-Backed Securities ETF recently announced an increase in its monthly dividend. Stockholders of record received a dividend of $0.13 per share, which represents a positive change from the previous monthly dividend. The new annualized dividend is $1.56, with a dividend yield of 3.49%. The ex-dividend date was on September 1st.
Vanguard Mortgage-Backed Securities ETF aims to track the performance of the Barclays Capital U.S. MBS Float Adjusted Index. The fund uses a passive management or indexing investment approach to achieve this goal.
As with any investment decision, it is crucial to conduct thorough research and review the opinions of financial experts before considering Vanguard Mortgage-Backed Securities ETF. While the fund currently has a “hold” rating among analysts, there may be other stocks that top-rated analysts believe are better buys. MarketBeat provides daily updates on top analysts’ recommendations for their clients.
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