Betterment LLC Buys 13,212 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Betterment LLC lifted its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 5.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 272,759 shares of the exchange traded fund’s stock after acquiring an additional 13,212 shares during the quarter. Betterment LLC owned 0.06% of Vanguard Mortgage-Backed Securities ETF worth $12,367,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Allspring Global Investments Holdings LLC lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 37.1% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 208,728 shares of the exchange traded fund’s stock worth $9,464,000 after purchasing an additional 56,504 shares during the last quarter. Atomi Financial Group Inc. boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 13.0% in the fourth quarter. Atomi Financial Group Inc. now owns 5,695 shares of the exchange traded fund’s stock valued at $258,000 after purchasing an additional 654 shares during the last quarter. Steward Partners Investment Advisory LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 99.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 10,099 shares of the exchange traded fund’s stock valued at $458,000 after purchasing an additional 5,032 shares in the last quarter. Park Avenue Securities LLC raised its holdings in Vanguard Mortgage-Backed Securities ETF by 7.1% in the 4th quarter. Park Avenue Securities LLC now owns 10,630 shares of the exchange traded fund’s stock worth $482,000 after purchasing an additional 708 shares during the period. Finally, Blair William & Co. IL grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 93.2% in the fourth quarter. Blair William & Co. IL now owns 5,938 shares of the exchange traded fund’s stock valued at $269,000 after purchasing an additional 2,865 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of VMBS stock opened at $46.12 on Friday. The stock’s fifty day moving average is $46.00 and its two-hundred day moving average is $45.80. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.12 and a fifty-two week high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were given a $0.164 dividend. The ex-dividend date was Tuesday, April 1st. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. This represents a $1.97 dividend on an annualized basis and a dividend yield of 4.27%.

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).