Orion Portfolio Solutions LLC Acquires 28,478 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Orion Portfolio Solutions LLC boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 5.7% in the fourth quarter, HoldingsChannel reports. The firm owned 528,522 shares of the exchange traded fund’s stock after purchasing an additional 28,478 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $23,963,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently modified their holdings of the company. Truvestments Capital LLC bought a new position in Vanguard Mortgage-Backed Securities ETF in the 3rd quarter valued at about $35,000. POM Investment Strategies LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth approximately $37,000. Murphy & Mullick Capital Management Corp bought a new position in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth approximately $73,000. Synergy Investment Management LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth approximately $84,000. Finally, Richard W. Paul & Associates LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 11.8% in the 4th quarter. Richard W. Paul & Associates LLC now owns 2,432 shares of the exchange traded fund’s stock valued at $110,000 after purchasing an additional 257 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of NASDAQ:VMBS opened at $45.95 on Friday. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $44.04 and a 12-month high of $47.59. The company’s 50 day moving average price is $45.83 and its two-hundred day moving average price is $46.00.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were paid a $0.1588 dividend. 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).