Bell Bank Takes Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Bell Bank purchased a new position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 236,609 shares of the exchange traded fund’s stock, valued at approximately $10,728,000. Vanguard Mortgage-Backed Securities ETF makes up 0.8% of Bell Bank’s investment portfolio, making the stock its 18th largest holding. Bell Bank owned approximately 0.05% of Vanguard Mortgage-Backed Securities ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Fisher Asset Management LLC lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 0.3% during the 3rd quarter. Fisher Asset Management LLC now owns 78,094 shares of the exchange traded fund’s stock valued at $3,687,000 after purchasing an additional 229 shares during the last quarter. Ellis Investment Partners LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 3.4% during the fourth quarter. Ellis Investment Partners LLC now owns 7,764 shares of the exchange traded fund’s stock worth $352,000 after buying an additional 252 shares in the last quarter. Concurrent Investment Advisors LLC raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 0.7% in the third quarter. Concurrent Investment Advisors LLC now owns 47,158 shares of the exchange traded fund’s stock valued at $2,226,000 after acquiring an additional 309 shares during the last quarter. Brighton Jones LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 4.6% in the 4th quarter. Brighton Jones LLC now owns 7,833 shares of the exchange traded fund’s stock worth $355,000 after acquiring an additional 347 shares in the last quarter. Finally, Hancock Whitney Corp grew its position in Vanguard Mortgage-Backed Securities ETF by 0.6% during the 3rd quarter. Hancock Whitney Corp now owns 57,438 shares of the exchange traded fund’s stock worth $2,712,000 after acquiring an additional 354 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.5 %

VMBS stock opened at $45.94 on Friday. The business has a fifty day moving average price of $45.39 and a 200 day moving average price of $46.12. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.04 and a fifty-two week high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were paid a $0.1598 dividend. The ex-dividend date was Monday, February 3rd. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.15.

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).