Brindle & Bay Financial Advisors LLC Makes New $2.14 Million Investment in Vanguard Mortgage-Backed Securities ETF $VMBS

Brindle & Bay Financial Advisors LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 45,534 shares of the exchange traded fund’s stock, valued at approximately $2,144,000. Vanguard Mortgage-Backed Securities ETF accounts for 1.4% of Brindle & Bay Financial Advisors LLC’s holdings, making the stock its 18th biggest holding.

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

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of NASDAQ VMBS opened at $47.12 on Friday. The firm’s 50-day moving average price is $47.15 and its two-hundred day moving average price is $47.15. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $45.05 and a 52-week high of $47.90.

Vanguard Mortgage-Backed Securities ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were issued a $0.1617 dividend. The ex-dividend date of this dividend was Wednesday, April 1st.

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).