HighTower Advisors LLC Purchases 134,638 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

HighTower Advisors LLC raised its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 19.1% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 837,896 shares of the exchange traded fund’s stock after acquiring an additional 134,638 shares during the period. HighTower Advisors LLC owned about 0.19% of Vanguard Mortgage-Backed Securities ETF worth $37,990,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of VMBS. Truvestments Capital LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF in the 3rd quarter valued at approximately $35,000. POM Investment Strategies LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF in the 4th quarter valued at approximately $37,000. Synergy Investment Management LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF in the 4th quarter valued at approximately $84,000. Richard W. Paul & Associates LLC lifted its stake 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 acquiring an additional 257 shares in the last quarter. Finally, Cape Investment Advisory Inc. lifted its stake in Vanguard Mortgage-Backed Securities ETF by 78.8% in the 4th quarter. Cape Investment Advisory Inc. now owns 2,439 shares of the exchange traded fund’s stock valued at $111,000 after acquiring an additional 1,075 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.3 %

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $46.14 on Friday. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $44.04 and a 12-month high of $47.59. The business’s 50 day moving average is $45.62 and its 200-day moving average is $46.06.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.1588 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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).