Cutler Investment Counsel LLC Has $356,000 Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Cutler Investment Counsel LLC lowered its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 17.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,534 shares of the exchange traded fund’s stock after selling 1,539 shares during the period. Cutler Investment Counsel LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $356,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of VMBS. Envestnet Asset Management Inc. boosted its stake in Vanguard Mortgage-Backed Securities ETF by 3.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 19,115,115 shares of the exchange traded fund’s stock worth $867,826,000 after acquiring an additional 659,720 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 0.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 10,055,325 shares of the exchange traded fund’s stock valued at $456,512,000 after buying an additional 79,124 shares during the period. Assetmark Inc. increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 2.8% in the 3rd quarter. Assetmark Inc. now owns 7,642,051 shares of the exchange traded fund’s stock valued at $360,781,000 after buying an additional 207,604 shares in the last quarter. LPL Financial LLC raised its stake in Vanguard Mortgage-Backed Securities ETF by 2.9% during the 2nd quarter. LPL Financial LLC now owns 4,996,495 shares of the exchange traded fund’s stock worth $226,841,000 after buying an additional 143,135 shares during the period. Finally, Raymond James & Associates lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 102.5% during the third quarter. Raymond James & Associates now owns 3,431,563 shares of the exchange traded fund’s stock worth $162,004,000 after acquiring an additional 1,737,364 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.0 %

Shares of Vanguard Mortgage-Backed Securities ETF stock traded down $0.02 during trading hours on Friday, hitting $45.55. The company’s stock had a trading volume of 2,042,188 shares, compared to its average volume of 1,610,740. The stock has a 50 day moving average of $46.52 and a 200 day moving average of $46.04. 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 business also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were issued a dividend of $0.153 per share. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. This represents a $1.84 annualized dividend and a yield of 4.03%. The ex-dividend date was Friday, November 1st.

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).