Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Bought by Miracle Mile Advisors LLC

Miracle Mile Advisors LLC grew its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 19.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 208,724 shares of the exchange traded fund’s stock after buying an additional 33,535 shares during the period. Miracle Mile Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $9,464,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of VMBS. Wedbush Securities Inc. purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the second quarter valued at approximately $231,000. Federated Hermes Inc. purchased a new stake in Vanguard Mortgage-Backed Securities ETF in the 2nd quarter valued at $5,039,000. J.W. Cole Advisors Inc. boosted its stake in Vanguard Mortgage-Backed Securities ETF by 24.1% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 39,304 shares of the exchange traded fund’s stock worth $1,784,000 after purchasing an additional 7,626 shares during the period. Pinion Investment Advisors LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF during the 2nd quarter worth $202,000. Finally, Evergreen Advisors LLC increased its stake in Vanguard Mortgage-Backed Securities ETF by 2.3% in the second quarter. Evergreen Advisors LLC now owns 535,296 shares of the exchange traded fund’s stock valued at $24,302,000 after purchasing an additional 11,894 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of NASDAQ:VMBS traded down $0.09 on Monday, reaching $44.68. The company’s stock had a trading volume of 3,110,466 shares, compared to its average volume of 2,041,110. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $44.04 and a 52-week high of $47.59. The stock’s 50-day moving average is $45.67 and its two-hundred day moving average is $46.20.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were given a dividend of $0.1522 per share. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.14. The ex-dividend date was Tuesday, December 24th.

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).