Courier Capital LLC Sells 55,340 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

Courier Capital LLC trimmed its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 9.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 559,870 shares of the exchange traded fund’s stock after selling 55,340 shares during the period. Vanguard Mortgage-Backed Securities ETF accounts for about 4.7% of Courier Capital LLC’s portfolio, making the stock its 3rd biggest holding. Courier Capital LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $24,864,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Focus Partners Wealth acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth approximately $113,419,000. Envestnet Asset Management Inc. lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 3.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 28,250,812 shares of the exchange traded fund’s stock valued at $1,322,420,000 after purchasing an additional 917,120 shares during the last quarter. Diversify Wealth Management LLC lifted its holdings in Vanguard Mortgage-Backed Securities ETF by 382.7% during the 1st quarter. Diversify Wealth Management LLC now owns 885,936 shares of the exchange traded fund’s stock valued at $41,471,000 after purchasing an additional 702,394 shares during the last quarter. Insight Wealth Strategies LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at $17,656,000. Finally, Robinswood Financial LLC bought a new position in Vanguard Mortgage-Backed Securities ETF during the first quarter worth $15,665,000.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.2%

VMBS stock traded up $0.09 during midday trading on Tuesday, reaching $44.65. 2,593,324 shares of the company were exchanged, compared to its average volume of 1,701,710. Vanguard Mortgage-Backed Securities ETF has a one year low of $43.95 and a one year high of $47.90. The business has a 50-day moving average price of $45.52 and a two-hundred day moving average price of $46.27.

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).