Independent Advisor Alliance Purchases New Stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Independent Advisor Alliance acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 34,448 shares of the exchange traded fund’s stock, valued at approximately $1,562,000.

A number of other hedge funds have also recently added to or reduced their stakes in VMBS. Fisher Asset Management LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF by 0.3% in the third quarter. Fisher Asset Management LLC now owns 78,094 shares of the exchange traded fund’s stock valued at $3,687,000 after buying 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% in the 4th quarter. Ellis Investment Partners LLC now owns 7,764 shares of the exchange traded fund’s stock worth $352,000 after acquiring an additional 252 shares during the period. Richard W. Paul & Associates LLC lifted its position 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 last quarter. Brighton Jones LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 4.6% during the 4th quarter. Brighton Jones LLC now owns 7,833 shares of the exchange traded fund’s stock valued at $355,000 after purchasing an additional 347 shares during the period. Finally, Hancock Whitney Corp grew its position in Vanguard Mortgage-Backed Securities ETF by 0.6% in the 3rd quarter. Hancock Whitney Corp now owns 57,438 shares of the exchange traded fund’s stock worth $2,712,000 after purchasing an additional 354 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of NASDAQ:VMBS opened at $45.98 on Friday. The firm’s 50 day moving average is $45.63 and its two-hundred day moving average is $46.06. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.04 and a 52 week high of $47.59.

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 paid a dividend of $0.1588 per share. The ex-dividend date was Monday, March 3rd.

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).