Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) Stake Lifted by RKL Wealth Management LLC

RKL Wealth Management LLC increased its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 5.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 344,507 shares of the exchange traded fund’s stock after acquiring an additional 18,358 shares during the period. Vanguard Mortgage-Backed Securities ETF makes up approximately 1.4% of RKL Wealth Management LLC’s investment portfolio, making the stock its 18th biggest position. RKL Wealth Management LLC owned approximately 0.08% of Vanguard Mortgage-Backed Securities ETF worth $15,620,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in VMBS. Raymond James Financial Inc. bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at approximately $199,949,000. Morningstar Investment Management LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at approximately $116,296,000. Kovitz Investment Group Partners LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF by 976.7% during the third quarter. Kovitz Investment Group Partners LLC now owns 2,036,034 shares of the exchange traded fund’s stock valued at $95,912,000 after purchasing an additional 1,846,939 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Vanguard Mortgage-Backed Securities ETF by 26.1% during the third quarter. JPMorgan Chase & Co. now owns 8,581,819 shares of the exchange traded fund’s stock valued at $405,148,000 after purchasing an additional 1,777,531 shares during the last quarter. Finally, Intelligence Driven Advisers LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the third quarter valued at approximately $29,555,000.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS stock opened at $46.02 on Friday. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $44.04 and a 12 month high of $47.59. The firm has a 50 day simple moving average of $45.56 and a 200 day simple moving average of $46.09.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were paid a dividend of $0.1588 per share. The ex-dividend date was Monday, March 3rd.

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).