Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Stock Position Increased by Bell Investment Advisors Inc

Bell Investment Advisors Inc boosted its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 4.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 878,095 shares of the exchange traded fund’s stock after buying an additional 34,036 shares during the quarter. Vanguard Mortgage-Backed Securities ETF accounts for approximately 7.6% of Bell Investment Advisors Inc’s investment portfolio, making the stock its 4th largest position. Bell Investment Advisors Inc owned 0.23% of Vanguard Mortgage-Backed Securities ETF worth $41,455,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Envestnet Asset Management Inc. raised its position in Vanguard Mortgage-Backed Securities ETF by 3.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 19,115,115 shares of the exchange traded fund’s stock valued at $867,826,000 after purchasing an additional 659,720 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 0.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 10,055,325 shares of the exchange traded fund’s stock worth $456,512,000 after acquiring an additional 79,124 shares in the last quarter. Assetmark Inc. lifted its position in Vanguard Mortgage-Backed Securities ETF by 2.8% during the third quarter. Assetmark Inc. now owns 7,642,051 shares of the exchange traded fund’s stock valued at $360,781,000 after acquiring an additional 207,604 shares during the last quarter. LPL Financial LLC lifted its position in Vanguard Mortgage-Backed Securities ETF by 3.7% during the third quarter. LPL Financial LLC now owns 5,180,600 shares of the exchange traded fund’s stock valued at $244,576,000 after acquiring an additional 184,105 shares during the last quarter. Finally, Raymond James & Associates boosted its stake in Vanguard Mortgage-Backed Securities ETF by 102.5% in the third quarter. Raymond James & Associates now owns 3,431,563 shares of the exchange traded fund’s stock valued at $162,004,000 after acquiring an additional 1,737,364 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

NASDAQ VMBS traded up $0.12 on Wednesday, hitting $46.17. The stock had a trading volume of 169,848 shares, compared to its average volume of 1,668,906. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $44.04 and a 52-week high of $47.59. The business’s fifty day moving average price is $46.29 and its 200 day moving average price is $46.11.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a dividend of $0.153 per share. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. This represents a $1.84 annualized dividend and a yield of 3.98%. The ex-dividend date was Friday, November 1st.

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).