Betterment LLC Acquires 10,971 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

Betterment LLC grew its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 3.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 301,959 shares of the exchange traded fund’s stock after purchasing an additional 10,971 shares during the quarter. Betterment LLC owned approximately 0.09% of Vanguard Mortgage-Backed Securities ETF worth $14,180,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Absolute Capital Management LLC grew its stake in Vanguard Mortgage-Backed Securities ETF by 1.8% in the 3rd quarter. Absolute Capital Management LLC now owns 13,167 shares of the exchange traded fund’s stock valued at $618,000 after buying an additional 233 shares during the last quarter. Security Financial Services INC. lifted its position in Vanguard Mortgage-Backed Securities ETF by 0.7% during the second quarter. Security Financial Services INC. now owns 34,146 shares of the exchange traded fund’s stock worth $1,582,000 after acquiring an additional 235 shares during the last quarter. FC Advisory LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 0.3% during the third quarter. FC Advisory LLC now owns 80,633 shares of the exchange traded fund’s stock worth $3,787,000 after acquiring an additional 256 shares during the period. AlTi Global Inc. grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 0.6% in the third quarter. AlTi Global Inc. now owns 41,536 shares of the exchange traded fund’s stock valued at $1,951,000 after purchasing an additional 267 shares during the last quarter. Finally, Level Four Advisory Services LLC grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 1.8% in the third quarter. Level Four Advisory Services LLC now owns 15,501 shares of the exchange traded fund’s stock valued at $728,000 after purchasing an additional 280 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

VMBS opened at $46.93 on Friday. The business has a fifty day simple moving average of $47.31 and a 200 day simple moving average of $47.14. Vanguard Mortgage-Backed Securities ETF has a 1 year low of $44.85 and a 1 year high of $47.90.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

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

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).