3,095,900 Shares in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Bought by Wealthfront Advisers LLC

Wealthfront Advisers LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,095,900 shares of the exchange traded fund’s stock, valued at approximately $140,368,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Staley Capital Advisers Inc. lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 2.3% during the 4th quarter. Staley Capital Advisers Inc. now owns 327,700 shares of the exchange traded fund’s stock worth $14,858,000 after buying an additional 7,350 shares during the last quarter. Citizens Financial Group Inc. RI raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 248.4% during the fourth quarter. Citizens Financial Group Inc. RI now owns 62,716 shares of the exchange traded fund’s stock worth $2,844,000 after acquiring an additional 44,717 shares during the last quarter. Independent Advisor Alliance bought a new position in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth about $1,562,000. Bell Investment Advisors Inc raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 1.0% during the fourth quarter. Bell Investment Advisors Inc now owns 887,248 shares of the exchange traded fund’s stock worth $40,228,000 after acquiring an additional 9,153 shares during the last quarter. Finally, Rialto Wealth Management LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth about $2,112,000.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.5 %

NASDAQ VMBS opened at $46.27 on Tuesday. The business has a 50 day simple moving average of $45.57 and a 200 day simple moving average of $46.07. Vanguard Mortgage-Backed Securities ETF has a one year low of $44.04 and a one year high of $47.59.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were issued a $0.1588 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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).