Vanguard Mortgage-Backed Securities ETF $VMBS is Bell Investment Advisors Inc’s 3rd Largest Position

Bell Investment Advisors Inc grew its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 4.9% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,001,407 shares of the exchange traded fund’s stock after buying an additional 46,752 shares during the quarter. Vanguard Mortgage-Backed Securities ETF accounts for approximately 7.7% of Bell Investment Advisors Inc’s investment portfolio, making the stock its 3rd biggest holding. Bell Investment Advisors Inc’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $47,026,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VMBS. Bristlecone Advisors LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter valued at approximately $591,000. BlueStem Wealth Partners LLC lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 9.3% during the third quarter. BlueStem Wealth Partners LLC now owns 597,332 shares of the exchange traded fund’s stock worth $28,051,000 after acquiring an additional 50,651 shares during the period. 1834 Investment Advisors Co. boosted its position in Vanguard Mortgage-Backed Securities ETF by 6.6% in the third quarter. 1834 Investment Advisors Co. now owns 270,166 shares of the exchange traded fund’s stock worth $12,687,000 after purchasing an additional 16,663 shares during the last quarter. Bell Bank grew its stake 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 during the period. Finally, First Interstate Bank grew its stake in 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 purchasing an additional 25,655 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.1%

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $47.19 on Wednesday. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $44.85 and a 1 year high of $47.90. The stock has a fifty day moving average price of $47.31 and a 200-day moving average price of $47.16.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

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

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). 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).