Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Position Increased by Bell Investment Advisors Inc

Bell Investment Advisors Inc grew its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 4.0% in the third quarter, HoldingsChannel reports. The institutional investor owned 878,095 shares of the exchange traded fund’s stock after buying an additional 34,036 shares during the period. Vanguard Mortgage-Backed Securities ETF makes up 7.6% of Bell Investment Advisors Inc’s investment portfolio, making the stock its 4th largest position. Bell Investment Advisors Inc’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $41,455,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. CreativeOne Wealth LLC raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 13.1% in the third quarter. CreativeOne Wealth LLC now owns 321,432 shares of the exchange traded fund’s stock worth $15,175,000 after purchasing an additional 37,295 shares during the last quarter. Cravens & Co Advisors LLC boosted its position in Vanguard Mortgage-Backed Securities ETF by 5.4% in the third quarter. Cravens & Co Advisors LLC now owns 201,795 shares of the exchange traded fund’s stock valued at $9,527,000 after buying an additional 10,356 shares during the last quarter. Freedom Investment Management Inc. increased its holdings in Vanguard Mortgage-Backed Securities ETF by 5.3% in the 3rd quarter. Freedom Investment Management Inc. now owns 139,508 shares of the exchange traded fund’s stock worth $6,586,000 after buying an additional 7,029 shares during the period. FMR LLC raised its position in Vanguard Mortgage-Backed Securities ETF by 17.2% during the 3rd quarter. FMR LLC now owns 15,647 shares of the exchange traded fund’s stock worth $739,000 after buying an additional 2,297 shares during the last quarter. Finally, Bank of Montreal Can lifted its stake in Vanguard Mortgage-Backed Securities ETF by 88.3% during the 3rd quarter. Bank of Montreal Can now owns 124,215 shares of the exchange traded fund’s stock valued at $5,877,000 after acquiring an additional 58,236 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.3 %

Shares of VMBS stock traded up $0.12 during trading hours on Wednesday, hitting $46.17. The company’s stock had a trading volume of 169,848 shares, compared to its average volume of 1,668,906. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $44.04 and a 12-month high of $47.59. The company has a 50 day moving average of $46.29 and a 200 day moving average of $46.11.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were issued a $0.153 dividend. This represents a $1.84 annualized dividend and a yield of 3.98%. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date was Friday, November 1st.

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).