Bell Bank Has $36.56 Million Stock Holdings in Vanguard Mortgage-Backed Securities ETF $VMBS

Bell Bank boosted its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 74.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 778,461 shares of the exchange traded fund’s stock after purchasing an additional 331,869 shares during the quarter. Vanguard Mortgage-Backed Securities ETF accounts for about 1.6% of Bell Bank’s investment portfolio, making the stock its 13th biggest holding. Bell Bank owned about 0.24% of Vanguard Mortgage-Backed Securities ETF worth $36,557,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Southland Equity Partners LLC boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 2.1% during the second quarter. Southland Equity Partners LLC now owns 10,767 shares of the exchange traded fund’s stock worth $499,000 after purchasing an additional 220 shares in the last quarter. Security Financial Services INC. raised its stake in Vanguard Mortgage-Backed Securities ETF by 0.7% during the 2nd quarter. Security Financial Services INC. now owns 34,146 shares of the exchange traded fund’s stock worth $1,582,000 after buying an additional 235 shares during the period. Kovack Advisors Inc. raised its stake in Vanguard Mortgage-Backed Securities ETF by 1.3% during the 2nd quarter. Kovack Advisors Inc. now owns 18,315 shares of the exchange traded fund’s stock worth $849,000 after buying an additional 242 shares during the period. Richardson Financial Services Inc. lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 5.7% during the second quarter. Richardson Financial Services Inc. now owns 4,730 shares of the exchange traded fund’s stock worth $219,000 after acquiring an additional 254 shares in the last quarter. Finally, FC Advisory LLC grew its stake in Vanguard Mortgage-Backed Securities ETF by 0.3% in the third quarter. FC Advisory LLC now owns 80,633 shares of the exchange traded fund’s stock valued at $3,787,000 after acquiring an additional 256 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $47.02 on Friday. The business has a 50-day moving average of $47.10 and a two-hundred day moving average of $46.72. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $44.65 and a 1 year high of $47.46.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Investors of record on Monday, December 1st were paid a dividend of $0.1615 per share. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Monday, December 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).