Integrated Wealth Concepts LLC Raises Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

Integrated Wealth Concepts LLC lifted its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 27.0% in the second quarter, HoldingsChannel reports. The firm owned 107,644 shares of the exchange traded fund’s stock after purchasing an additional 22,896 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $5,039,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Focus Partners Wealth purchased a new stake in Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at $113,419,000. Bank of America Corp DE increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 3.7% during the fourth quarter. Bank of America Corp DE now owns 59,766,080 shares of the exchange traded fund’s stock worth $2,813,787,000 after acquiring an additional 2,147,360 shares during the period. Stifel Financial Corp increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 32.3% during the fourth quarter. Stifel Financial Corp now owns 8,298,375 shares of the exchange traded fund’s stock worth $390,688,000 after acquiring an additional 2,026,709 shares during the period. Wells Fargo & Company MN raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 10.3% during the fourth quarter. Wells Fargo & Company MN now owns 9,007,305 shares of the exchange traded fund’s stock valued at $424,064,000 after acquiring an additional 843,178 shares in the last quarter. Finally, Diversify Wealth Management LLC raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 382.7% during the first quarter. Diversify Wealth Management LLC now owns 885,936 shares of the exchange traded fund’s stock valued at $41,471,000 after acquiring an additional 702,394 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.1%

Shares of NASDAQ VMBS opened at $45.32 on Friday. The business has a fifty day simple moving average of $46.18 and a two-hundred day simple moving average of $46.64. Vanguard Mortgage-Backed Securities ETF has a twelve month low of $45.29 and a twelve month high of $47.90.

About Vanguard Mortgage-Backed Securities ETF

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).