BlueSky Wealth Advisors LLC Makes New Investment in Vanguard Mortgage-Backed Securities ETF $VMBS

BlueSky Wealth Advisors LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the first quarter, Holdings Channel.com reports. The institutional investor purchased 10,799 shares of the exchange traded fund’s stock, valued at approximately $507,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Bank of America Corp DE lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 8.4% in the third quarter. Bank of America Corp DE now owns 57,618,720 shares of the exchange traded fund’s stock valued at $2,705,775,000 after buying an additional 4,468,416 shares during the period. Focus Partners Wealth bought a new stake in Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at $113,419,000. Stifel Financial Corp boosted its position in Vanguard Mortgage-Backed Securities ETF by 32.3% during the fourth quarter. Stifel Financial Corp now owns 8,298,375 shares of the exchange traded fund’s stock valued at $390,688,000 after acquiring an additional 2,026,709 shares during the last quarter. Alesco Advisors LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth about $71,911,000. Finally, Wells Fargo & Company MN grew its holdings in Vanguard Mortgage-Backed Securities ETF by 10.3% during the 4th quarter. Wells Fargo & Company MN now owns 9,007,305 shares of the exchange traded fund’s stock worth $424,064,000 after acquiring an additional 843,178 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS stock opened at $46.74 on Friday. The stock has a 50-day moving average price of $46.77 and a 200-day moving average price of $47.02. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $45.69 and a 1-year high of $47.90.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were paid a dividend of $0.1634 per share. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Monday, June 1st.

Vanguard Mortgage-Backed Securities ETF 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).