Acropolis Investment Management LLC Buys 36,204 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Acropolis Investment Management LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 2.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,599,764 shares of the exchange traded fund’s stock after buying an additional 36,204 shares during the quarter. Vanguard Mortgage-Backed Securities ETF accounts for 4.3% of Acropolis Investment Management LLC’s portfolio, making the stock its 8th largest position. Acropolis Investment Management LLC owned about 0.37% of Vanguard Mortgage-Backed Securities ETF worth $72,533,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its position in Vanguard Mortgage-Backed Securities ETF by 26.1% during the third quarter. JPMorgan Chase & Co. now owns 8,581,819 shares of the exchange traded fund’s stock valued at $405,148,000 after buying an additional 1,777,531 shares during the period. Assetmark Inc. grew its stake in Vanguard Mortgage-Backed Securities ETF by 2.8% during the 3rd quarter. Assetmark Inc. now owns 7,642,051 shares of the exchange traded fund’s stock valued at $360,781,000 after acquiring an additional 207,604 shares in the last quarter. Stifel Financial Corp increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 3.1% in the 3rd quarter. Stifel Financial Corp now owns 5,627,553 shares of the exchange traded fund’s stock valued at $265,677,000 after purchasing an additional 171,411 shares during the period. LPL Financial LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 3.7% in the 3rd quarter. LPL Financial LLC now owns 5,180,600 shares of the exchange traded fund’s stock valued at $244,576,000 after purchasing an additional 184,105 shares during the period. Finally, Raymond James & Associates lifted its position in shares of Vanguard Mortgage-Backed Securities ETF by 102.5% in the third quarter. Raymond James & Associates now owns 3,431,563 shares of the exchange traded fund’s stock worth $162,004,000 after purchasing an additional 1,737,364 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.2 %

Shares of VMBS opened at $44.77 on Wednesday. The company’s 50 day moving average price is $45.63 and its 200 day moving average price is $46.19. 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 Increases Dividend

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

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).