Cutler Investment Counsel LLC Trims Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Cutler Investment Counsel LLC trimmed its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 28.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 5,412 shares of the exchange traded fund’s stock after selling 2,122 shares during the period. Cutler Investment Counsel LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $245,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VMBS. Truvestments Capital LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter valued at $35,000. POM Investment Strategies LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth about $37,000. Castleview Partners LLC grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 531.9% during the third quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 734 shares in the last quarter. Centennial Bank AR boosted its stake in Vanguard Mortgage-Backed Securities ETF by 875.2% during the third quarter. Centennial Bank AR now owns 2,360 shares of the exchange traded fund’s stock valued at $111,000 after buying an additional 2,118 shares during the last quarter. Finally, Appleton Partners Inc. MA bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter valued at approximately $204,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of VMBS stock opened at $45.73 on Monday. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $44.04 and a 52-week high of $47.59. The stock has a 50 day moving average price of $45.43 and a 200 day moving average price of $46.14.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were issued a $0.1598 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.15.

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).