Northwestern Mutual Wealth Management Co. Acquires 96,533 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

Northwestern Mutual Wealth Management Co. increased its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 246.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 135,663 shares of the exchange traded fund’s stock after buying an additional 96,533 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $6,387,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. BlueStem Wealth Partners LLC raised its stake in Vanguard Mortgage-Backed Securities ETF by 9.3% in the third quarter. BlueStem Wealth Partners LLC now owns 597,332 shares of the exchange traded fund’s stock worth $28,051,000 after buying an additional 50,651 shares in the last quarter. Bell Bank raised its stake in Vanguard Mortgage-Backed Securities ETF by 8.5% in the fourth quarter. Bell Bank now owns 844,957 shares of the exchange traded fund’s stock worth $39,781,000 after buying an additional 66,496 shares in the last quarter. 1834 Investment Advisors Co. raised its stake in Vanguard Mortgage-Backed Securities ETF by 6.6% in the third quarter. 1834 Investment Advisors Co. now owns 270,166 shares of the exchange traded fund’s stock worth $12,687,000 after buying an additional 16,663 shares in the last quarter. Rialto Wealth Management LLC raised its stake in Vanguard Mortgage-Backed Securities ETF by 57.1% in the fourth quarter. Rialto Wealth Management LLC now owns 387,799 shares of the exchange traded fund’s stock worth $18,258,000 after buying an additional 140,873 shares in the last quarter. Finally, Level Financial Advisors raised its stake in Vanguard Mortgage-Backed Securities ETF by 8.9% in the fourth quarter. Level Financial Advisors now owns 237,034 shares of the exchange traded fund’s stock worth $11,160,000 after buying an additional 19,361 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of NASDAQ:VMBS opened at $46.57 on Friday. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $45.21 and a 52 week high of $47.90. The firm has a 50 day moving average of $46.85 and a 200 day moving average of $47.08.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st were issued a $0.1609 dividend. The ex-dividend date of this dividend was Friday, May 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). The Index covers the United States agency mortgage-backed, pass-through securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).