Vanguard Mortgage-Backed Securities ETF $VMBS is Bell Investment Advisors Inc’s 3rd Largest Position

Bell Investment Advisors Inc increased its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 1.3% in the 1st quarter, HoldingsChannel.com reports. The firm owned 1,052,213 shares of the exchange traded fund’s stock after buying an additional 13,214 shares during the quarter. Vanguard Mortgage-Backed Securities ETF comprises approximately 7.7% of Bell Investment Advisors Inc’s portfolio, making the stock its 3rd largest holding. Bell Investment Advisors Inc’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $49,401,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VMBS. City State Bank increased its stake in Vanguard Mortgage-Backed Securities ETF by 0.6% in the 4th quarter. City State Bank now owns 36,957 shares of the exchange traded fund’s stock valued at $1,740,000 after buying an additional 235 shares during the period. Genesis Private Wealth LLC boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 1.1% during the 1st quarter. Genesis Private Wealth LLC now owns 20,912 shares of the exchange traded fund’s stock valued at $982,000 after buying an additional 237 shares during the period. Maia Wealth LLC boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 2.6% during the 3rd quarter. Maia Wealth LLC now owns 9,323 shares of the exchange traded fund’s stock valued at $438,000 after buying an additional 240 shares during the period. Rehmann Capital Advisory Group grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 3.2% during the 4th quarter. Rehmann Capital Advisory Group now owns 7,931 shares of the exchange traded fund’s stock valued at $373,000 after acquiring an additional 243 shares in the last quarter. Finally, Saranac Partners Ltd grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 2.1% during the 4th quarter. Saranac Partners Ltd now owns 11,728 shares of the exchange traded fund’s stock valued at $552,000 after acquiring an additional 245 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.2%

NASDAQ VMBS opened at $46.66 on Tuesday. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $45.69 and a 1-year high of $47.90. The firm’s fifty day simple moving average is $46.77 and its 200-day simple moving average is $47.02.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

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

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).