Cutler Investment Counsel LLC Sells 1,539 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Cutler Investment Counsel LLC decreased its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 17.0% during the 3rd quarter, HoldingsChannel reports. The fund owned 7,534 shares of the exchange traded fund’s stock after selling 1,539 shares during the quarter. Cutler Investment Counsel LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $356,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Headlands Technologies LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF during the first quarter worth $36,000. Koshinski Asset Management Inc. bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 1st quarter valued at about $227,000. Blair William & Co. IL increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 10.4% in the first quarter. Blair William & Co. IL now owns 4,734 shares of the exchange traded fund’s stock valued at $216,000 after acquiring an additional 447 shares during the last quarter. Nwam LLC raised its holdings in Vanguard Mortgage-Backed Securities ETF by 11.2% during the first quarter. Nwam LLC now owns 8,538 shares of the exchange traded fund’s stock worth $384,000 after acquiring an additional 862 shares in the last quarter. Finally, Patten & Patten Inc. TN acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 1st quarter valued at approximately $259,000.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.0 %

Shares of VMBS stock traded down $0.02 during trading on Friday, reaching $45.55. 2,042,188 shares of the company’s stock were exchanged, compared to its average volume of 1,610,740. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $44.04 and a twelve month high of $47.59. The firm’s fifty day moving average price is $46.52 and its 200-day moving average price is $46.04.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were issued a $0.153 dividend. This represents a $1.84 dividend on an annualized basis and a dividend yield of 4.03%. The ex-dividend date was Friday, November 1st. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15.

About Vanguard Mortgage-Backed Securities ETF

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).