Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Shares Purchased by SigFig Wealth Management LLC

SigFig Wealth Management LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 3.0% during the 4th quarter, HoldingsChannel reports. The fund owned 133,053 shares of the exchange traded fund’s stock after buying an additional 3,931 shares during the period. SigFig Wealth Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $6,037,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in VMBS. Raymond James Financial Inc. acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at $199,949,000. Wealthfront Advisers LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth $140,368,000. Morningstar Investment Management LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth $116,296,000. Kovitz Investment Group Partners LLC raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 976.7% during the third quarter. Kovitz Investment Group Partners LLC now owns 2,036,034 shares of the exchange traded fund’s stock worth $95,912,000 after purchasing an additional 1,846,939 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 26.1% during the third quarter. JPMorgan Chase & Co. now owns 8,581,819 shares of the exchange traded fund’s stock worth $405,148,000 after purchasing an additional 1,777,531 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of NASDAQ:VMBS opened at $46.25 on Friday. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $44.04 and a 1-year high of $47.59. The company’s fifty day moving average is $45.72 and its two-hundred day moving average is $46.04.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.1588 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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).