Sterling Investment Management LLC Purchases Shares of 47,028 Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Sterling Investment Management LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 47,028 shares of the exchange traded fund’s stock, valued at approximately $2,132,000. Vanguard Mortgage-Backed Securities ETF comprises approximately 1.7% of Sterling Investment Management LLC’s investment portfolio, making the stock its 22nd largest position.

Several other large investors also recently modified their holdings of VMBS. Fisher Asset Management LLC increased its stake 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 worth $3,687,000 after acquiring an additional 229 shares during the period. Empirical Asset Management LLC increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 0.7% in the third quarter. Empirical Asset Management LLC now owns 37,683 shares of the exchange traded fund’s stock worth $1,779,000 after purchasing an additional 247 shares during the period. Concurrent Investment Advisors LLC lifted its position in Vanguard Mortgage-Backed Securities ETF by 0.7% during the third quarter. Concurrent Investment Advisors LLC now owns 47,158 shares of the exchange traded fund’s stock worth $2,226,000 after purchasing an additional 309 shares during the period. Hancock Whitney Corp lifted its position in Vanguard Mortgage-Backed Securities ETF by 0.6% during the third 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 period. Finally, Transform Wealth LLC grew its stake in Vanguard Mortgage-Backed Securities ETF by 8.0% during the third quarter. Transform Wealth LLC now owns 4,829 shares of the exchange traded fund’s stock worth $228,000 after buying an additional 356 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of NASDAQ:VMBS opened at $45.46 on Wednesday. The firm has a 50 day moving average of $45.59 and a 200-day moving average of $46.19. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $44.04 and a 12 month high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were given a dividend of $0.1522 per share. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.14. The ex-dividend date was Tuesday, December 24th.

Vanguard Mortgage-Backed Securities ETF 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).