Vanguard Mortgage-Backed Securities ETF $VMBS Shares Sold by Acropolis Investment Management LLC

Acropolis Investment Management LLC lowered its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 57.5% in the fourth quarter, HoldingsChannel reports. The firm owned 736,411 shares of the exchange traded fund’s stock after selling 995,776 shares during the quarter. Vanguard Mortgage-Backed Securities ETF makes up approximately 1.6% of Acropolis Investment Management LLC’s holdings, making the stock its 16th largest holding. Acropolis Investment Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $34,670,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in VMBS. Absolute Capital Management LLC increased its position in Vanguard Mortgage-Backed Securities ETF by 1.8% in the third quarter. Absolute Capital Management LLC now owns 13,167 shares of the exchange traded fund’s stock worth $618,000 after buying an additional 233 shares during the period. Maia Wealth LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 2.6% during the third quarter. Maia Wealth LLC now owns 9,323 shares of the exchange traded fund’s stock valued at $438,000 after acquiring an additional 240 shares during the period. FC Advisory LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 0.3% during the third quarter. FC Advisory LLC now owns 80,633 shares of the exchange traded fund’s stock valued at $3,787,000 after acquiring an additional 256 shares during the period. AlTi Global Inc. grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 0.6% during the third quarter. AlTi Global Inc. now owns 41,536 shares of the exchange traded fund’s stock worth $1,951,000 after acquiring an additional 267 shares during the last quarter. Finally, Level Four Advisory Services LLC grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 1.8% during the third quarter. Level Four Advisory Services LLC now owns 15,501 shares of the exchange traded fund’s stock worth $728,000 after acquiring an additional 280 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.1%

VMBS stock opened at $46.56 on Friday. The firm’s 50-day simple moving average is $47.24 and its 200 day simple moving average is $47.15. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.85 and a fifty-two week high of $47.90.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a $0.1609 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend 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).