Vanguard Mortgage-Backed Securities ETF $VMBS Stock Position Boosted by Clearstead Advisors LLC

Clearstead Advisors LLC grew its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 17.2% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 2,550,703 shares of the exchange traded fund’s stock after acquiring an additional 374,910 shares during the period. Vanguard Mortgage-Backed Securities ETF accounts for about 1.6% of Clearstead Advisors LLC’s investment portfolio, making the stock its 9th biggest holding. Clearstead Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $119,781,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Bristlecone Advisors LLC bought a new position in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter worth about $591,000. 1834 Investment Advisors Co. raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 6.6% in the 3rd quarter. 1834 Investment Advisors Co. now owns 270,166 shares of the exchange traded fund’s stock valued at $12,687,000 after purchasing an additional 16,663 shares in the last quarter. Bell Bank lifted its position in shares of 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 worth $36,557,000 after purchasing an additional 331,869 shares during the period. First Interstate Bank boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.1% during the third 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 in the last quarter. Finally, Dynamic Wealth Strategies LLC increased its holdings in Vanguard Mortgage-Backed Securities ETF by 77.8% during the third quarter. Dynamic Wealth Strategies LLC now owns 175,531 shares of the exchange traded fund’s stock valued at $8,243,000 after buying an additional 76,821 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of NASDAQ:VMBS opened at $47.60 on Monday. The firm has a 50 day moving average of $47.22 and a 200 day moving average of $47.04. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.85 and a 52 week high of $47.70.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were given a $0.1645 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Monday, February 2nd. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.16.

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).