Wealth Enhancement Advisory Services LLC Increases Stake in Vanguard Mortgage-Backed Securities ETF $VMBS

Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 7.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,311,166 shares of the exchange traded fund’s stock after buying an additional 86,439 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 0.43% of Vanguard Mortgage-Backed Securities ETF worth $61,782,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Bristlecone Advisors LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF in the third quarter valued at $591,000. BlueStem Wealth Partners LLC increased its holdings in Vanguard Mortgage-Backed Securities ETF by 9.3% during the 3rd quarter. BlueStem Wealth Partners LLC now owns 597,332 shares of the exchange traded fund’s stock worth $28,051,000 after purchasing an additional 50,651 shares during the period. 1834 Investment Advisors Co. raised its position in Vanguard Mortgage-Backed Securities ETF by 6.6% in the 3rd quarter. 1834 Investment Advisors Co. now owns 270,166 shares of the exchange traded fund’s stock valued at $12,687,000 after purchasing an additional 16,663 shares in the last quarter. Bell Bank raised its position in Vanguard Mortgage-Backed Securities ETF by 74.3% in the 3rd quarter. Bell Bank now owns 778,461 shares of the exchange traded fund’s stock valued at $36,557,000 after purchasing an additional 331,869 shares in the last quarter. Finally, First Interstate Bank boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.1% in the 3rd quarter. First Interstate Bank now owns 1,268,396 shares of the exchange traded fund’s stock valued at $59,564,000 after buying an additional 25,655 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $46.58 on Monday. Vanguard Mortgage-Backed Securities ETF has a one year low of $44.85 and a one year high of $47.90. The business has a 50-day simple moving average of $47.29 and a 200-day simple moving average of $47.16.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a $0.1609 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.1%.

Vanguard Mortgage-Backed Securities ETF 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). The Index covers the United States agency mortgage-backed, pass-through securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).