Betterment LLC Boosts Stake in Vanguard Mortgage-Backed Securities ETF (VMBS)

Betterment LLC lifted its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 16.1% in the first quarter, HoldingsChannel reports. The institutional investor owned 45,214 shares of the exchange traded fund’s stock after acquiring an additional 6,256 shares during the period. Betterment LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $2,367,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Carroll Financial Associates Inc. lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 35.8% during the fourth quarter. Carroll Financial Associates Inc. now owns 778 shares of the exchange traded fund’s stock worth $40,000 after buying an additional 205 shares in the last quarter. Prime Capital Investment Advisors LLC increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 35.5% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 912 shares of the exchange traded fund’s stock worth $47,000 after purchasing an additional 239 shares during the period. FDx Advisors Inc. increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 4.9% in the fourth quarter. FDx Advisors Inc. now owns 5,687 shares of the exchange traded fund’s stock worth $293,000 after purchasing an additional 266 shares during the period. Bbva Compass Bancshares Inc. increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 4.5% in the fourth quarter. Bbva Compass Bancshares Inc. now owns 6,799 shares of the exchange traded fund’s stock worth $350,000 after purchasing an additional 293 shares during the period. Finally, Financial Advocates Investment Management increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 3.0% in the fourth quarter. Financial Advocates Investment Management now owns 13,938 shares of the exchange traded fund’s stock worth $310,000 after purchasing an additional 407 shares during the period.

Shares of NASDAQ VMBS traded down $0.04 during mid-day trading on Thursday, reaching $52.11. The company had a trading volume of 1,379,726 shares, compared to its average volume of 838,453. Vanguard Mortgage-Backed Securities ETF has a one year low of $50.19 and a one year high of $52.46.

The business also recently declared a monthly dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were given a $0.149 dividend. The ex-dividend date of this dividend was Monday, April 1st. This represents a $1.79 dividend on an annualized basis and a dividend yield of 3.43%. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.07.

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Vanguard Mortgage-Backed Securities ETF Company 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).

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Want to see what other hedge funds are holding VMBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS).

Institutional Ownership by Quarter for Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

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