Wealthfront Advisers LLC Acquires Shares of 3,095,900 Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Wealthfront Advisers LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 3,095,900 shares of the exchange traded fund’s stock, valued at approximately $140,368,000. Wealthfront Advisers LLC owned approximately 0.72% of Vanguard Mortgage-Backed Securities ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VMBS. Truvestments Capital LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 3rd quarter worth $35,000. POM Investment Strategies LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth $37,000. Synergy Investment Management LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth $84,000. Richard W. Paul & Associates LLC grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 11.8% during the 4th quarter. Richard W. Paul & Associates LLC now owns 2,432 shares of the exchange traded fund’s stock worth $110,000 after purchasing an additional 257 shares in the last quarter. Finally, Cape Investment Advisory Inc. grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 78.8% during the 4th quarter. Cape Investment Advisory Inc. now owns 2,439 shares of the exchange traded fund’s stock worth $111,000 after purchasing an additional 1,075 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS opened at $46.27 on Tuesday. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $44.04 and a 52-week high of $47.59. The business’s fifty day moving average is $45.57 and its 200-day moving average is $46.07.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were issued 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).