Vanguard Mortgage-Backed Securities ETF $VMBS Shares Sold by Acropolis Investment Management LLC

Acropolis Investment Management LLC lowered its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 57.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 736,411 shares of the exchange traded fund’s stock after selling 995,776 shares during the quarter. Vanguard Mortgage-Backed Securities ETF accounts for approximately 1.6% of Acropolis Investment Management LLC’s holdings, making the stock its 16th biggest holding. Acropolis Investment Management LLC owned about 0.23% of Vanguard Mortgage-Backed Securities ETF worth $34,670,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bristlecone Advisors LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at approximately $591,000. BlueStem Wealth Partners LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 9.3% in the 3rd quarter. BlueStem Wealth Partners LLC now owns 597,332 shares of the exchange traded fund’s stock valued at $28,051,000 after purchasing an additional 50,651 shares in the last quarter. 1834 Investment Advisors Co. boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 6.6% during the 3rd quarter. 1834 Investment Advisors Co. now owns 270,166 shares of the exchange traded fund’s stock valued at $12,687,000 after buying an additional 16,663 shares during the last quarter. Bell Bank grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 74.3% during the third quarter. Bell Bank now owns 778,461 shares of the exchange traded fund’s stock worth $36,557,000 after buying an additional 331,869 shares in the last quarter. Finally, First Interstate Bank grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 2.1% during the third quarter. First Interstate Bank now owns 1,268,396 shares of the exchange traded fund’s stock worth $59,564,000 after buying an additional 25,655 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of NASDAQ:VMBS opened at $46.56 on Friday. The company has a fifty day simple moving average of $47.24 and a 200 day simple moving average of $47.15. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $44.85 and a 12-month high of $47.90.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a $0.1609 dividend. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Monday, March 2nd.

Vanguard Mortgage-Backed Securities ETF 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).