23,470 Vanguard Mortgage-Backed Securities ETF $VMBS Shares Purchased by Level Financial Advisors

Level Financial Advisors raised its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 8.2% in the third quarter, Holdings Channel reports. The fund owned 310,725 shares of the exchange traded fund’s stock after purchasing an additional 23,470 shares during the quarter. Vanguard Mortgage-Backed Securities ETF accounts for approximately 3.1% of Level Financial Advisors’ investment portfolio, making the stock its 11th largest holding. Level Financial Advisors’ holdings in Vanguard Mortgage-Backed Securities ETF were worth $13,799,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in VMBS. Envestnet Asset Management Inc. increased its position in Vanguard Mortgage-Backed Securities ETF by 3.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 28,250,812 shares of the exchange traded fund’s stock worth $1,322,420,000 after purchasing an additional 917,120 shares in the last quarter. Assetmark Inc. lifted its stake in Vanguard Mortgage-Backed Securities ETF by 0.7% in the 1st quarter. Assetmark Inc. now owns 8,853,123 shares of the exchange traded fund’s stock valued at $415,654,000 after purchasing an additional 60,256 shares during the last quarter. KM Capital Management Ltd. bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the second quarter worth $215,510,000. Lincoln National Corp grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 1.1% during the first quarter. Lincoln National Corp now owns 3,791,318 shares of the exchange traded fund’s stock worth $178,002,000 after buying an additional 40,592 shares during the last quarter. Finally, Focus Partners Wealth bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth $113,419,000.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.1%

Shares of NASDAQ:VMBS traded up $0.04 during trading on Tuesday, hitting $44.60. 1,113,314 shares of the company were exchanged, compared to its average volume of 1,693,217. The business’s 50 day moving average is $45.52 and its 200-day moving average is $46.27. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $43.95 and a 1-year high of $47.90.

About Vanguard Mortgage-Backed Securities ETF

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).