Legacy Wealth Asset Management LLC Acquires 31,299 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

Legacy Wealth Asset Management LLC raised its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 171.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,556 shares of the exchange traded fund’s stock after buying an additional 31,299 shares during the period. Legacy Wealth Asset Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $2,201,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in VMBS. Envestnet Asset Management Inc. increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 3.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 28,250,812 shares of the exchange traded fund’s stock valued at $1,322,420,000 after acquiring an additional 917,120 shares during the last quarter. Assetmark Inc. boosted its position in Vanguard Mortgage-Backed Securities ETF by 0.7% during the first quarter. Assetmark Inc. now owns 8,853,123 shares of the exchange traded fund’s stock worth $415,654,000 after purchasing an additional 60,256 shares during the period. Lincoln National Corp grew its holdings in Vanguard Mortgage-Backed Securities ETF by 1.1% during the first quarter. Lincoln National Corp now owns 3,791,318 shares of the exchange traded fund’s stock valued at $178,002,000 after purchasing an additional 40,592 shares during the last quarter. Focus Partners Wealth bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at approximately $113,419,000. Finally, Keybank National Association OH raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 2.0% in the first quarter. Keybank National Association OH now owns 2,320,540 shares of the exchange traded fund’s stock valued at $108,949,000 after purchasing an additional 46,047 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $44.43 on Friday. The firm has a fifty day simple moving average of $45.58 and a 200-day simple moving average of $46.30. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $43.95 and a 1-year high of $47.90.

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).