From MarketBeat: ONE Advisory Partners LLC Sells 55,900 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)
From MarketBeat:
ONE Advisory Partners LLC decreased its holdings in Vanguard Mortgage-Backed Securities ETF by almost 32% during the third quarter, as stated in their latest filing with the Securities and Exchange Commission. The fund sold nearly 56,000 shares, leaving them with 119,163 shares worth $5,217,000. Other institutional investors and hedge funds have also been involved in buying and selling shares of the ETF. The stock’s price performance on Friday showed a decrease in trading, while the company announced an increase in its monthly dividend. Vanguard Mortgage-Backed Securities ETF’s annualized dividend is now $1.70 with a yield of 3.69%. The Fund seeks to track the performance of the Barclays Capital U.S. MBS Float Adjusted Index.
It is important to note that Vanguard Mortgage-Backed Securities ETF currently has a “hold” rating among analysts, but top-rated analysts are suggesting five other stocks as better buys. Additionally, MarketBeat is offering a free report on the seven best retirement stocks.
Original: ONE Advisory Partners LLC Sells 55,900 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)