Bell Investment Advisors Inc Lowers Stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Bell Investment Advisors Inc lowered its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 0.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 844,059 shares of the exchange traded fund’s stock after selling 6,460 shares during the quarter. Vanguard Mortgage-Backed Securities ETF accounts for about 7.5% of Bell Investment Advisors Inc’s investment portfolio, making the stock its 4th biggest position. Bell Investment Advisors Inc owned about 0.22% of Vanguard Mortgage-Backed Securities ETF worth $38,320,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in VMBS. Asset Dedication LLC boosted its position in Vanguard Mortgage-Backed Securities ETF by 3,666.7% in the second quarter. Asset Dedication LLC now owns 565 shares of the exchange traded fund’s stock valued at $26,000 after buying an additional 550 shares in the last quarter. Carmichael Hill & Associates Inc. boosted its position in Vanguard Mortgage-Backed Securities ETF by 59.7% in the second quarter. Carmichael Hill & Associates Inc. now owns 736 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 275 shares in the last quarter. Headlands Technologies LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF in the first quarter valued at about $36,000. FSA Wealth Management LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF in the first quarter valued at about $53,000. Finally, Triad Wealth Partners LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF in the second quarter valued at about $53,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

NASDAQ:VMBS opened at $47.44 on Thursday. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $42.06 and a 12 month high of $47.56. The company’s 50-day moving average price is $46.46 and its two-hundred day moving average price is $45.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.154 per share. This represents a $1.85 dividend on an annualized basis and a dividend yield of 3.90%. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date of this dividend was Tuesday, September 3rd.

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).