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Advisor Group Inc. Purchases 70980 Shares of Vanguard Mortgage Bkd Sects ETF (VMBS)

Advisor Group Inc. boosted its position in Vanguard Mortgage Bkd Sects ETF (NASDAQ:VMBS) by 21.8% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 396,666 shares of the exchange traded fund’s stock after purchasing an additional 70,980 shares during the quarter. Advisor Group Inc.’s holdings in Vanguard Mortgage Bkd Sects ETF were worth $19,560,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Almanack Investment Partners LLC. acquired a new position in shares of Vanguard Mortgage Bkd Sects ETF during the second quarter valued at about $127,000. Citigroup Inc. boosted its position in Vanguard Mortgage Bkd Sects ETF by 198.6% in the 2nd quarter. Citigroup Inc. now owns 2,899 shares of the exchange traded fund’s stock worth $153,000 after purchasing an additional 1,928 shares in the last quarter. Alliancebernstein L.P. boosted its position in Vanguard Mortgage Bkd Sects ETF by 2.4% in the 2nd quarter. Alliancebernstein L.P. now owns 4,096 shares of the exchange traded fund’s stock worth $216,000 after purchasing an additional 96 shares in the last quarter. Capital Investment Advisory Services LLC purchased a new stake in Vanguard Mortgage Bkd Sects ETF in the 2nd quarter worth approximately $256,000. Finally, Garde Capital Inc. purchased a new stake in Vanguard Mortgage Bkd Sects ETF in the 2nd quarter worth approximately $372,000.

Realtors Group Says Trump Tax Reform Could Hurt Homeowners

How wil lthe new Trump Administration tax reform proposal affect homeowners? The National Association of Realtors says it could hurt most.

According to the tax reform framework, changes to the current tax code would eliminate important provisions, such as the state and local tax deduction, while nearly doubling the standard deduction and eliminating personal and dependency exemptions. NAR believes the result would all but nullify the incentive to purchase a home for most, amounting to a de facto tax increase on homeowners, putting home values across the country at risk and ensuring that only the top 5 percent of Americans have the opportunity to benefit from the mortgage interest deduction.

NAR President William E. Brown, a second-generation Realtor from Alamo, California and founder of Investment Properties said that the proposal reaffirms Realtors’ concerns from earlier in the year and urged lawmakers to keep homeowners in mind as they proceed with comprehensive tax reform with the following statement:

Anyone know what the work life of a reverse mortgage loan officer at American Advisors Group is like?

I got an offer to work there and I would like to know the entry base pay, the commission pay scale, and also the average loan contracts an typical officer gets a month. Long shot I know.


Not specifically at AAG, but this might help you with what questions to ask at your interview. Most loan officers are commission-based with their own licenses, working the "streets," so to speak.