Cutler Investment Counsel LLC Sells 2,122 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Cutler Investment Counsel LLC trimmed its holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 28.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,412 shares of the exchange traded fund’s stock after selling 2,122 shares during the period. Cutler Investment Counsel LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $245,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Fisher Asset Management LLC grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 0.3% in the 3rd quarter. Fisher Asset Management LLC now owns 78,094 shares of the exchange traded fund’s stock worth $3,687,000 after purchasing an additional 229 shares during the last quarter. Ellis Investment Partners LLC lifted its position in Vanguard Mortgage-Backed Securities ETF by 3.4% during the 4th quarter. Ellis Investment Partners LLC now owns 7,764 shares of the exchange traded fund’s stock valued at $352,000 after purchasing an additional 252 shares during the period. Concurrent Investment Advisors LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 0.7% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 47,158 shares of the exchange traded fund’s stock valued at $2,226,000 after acquiring an additional 309 shares during the period. Brighton Jones LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 4.6% in the 4th quarter. Brighton Jones LLC now owns 7,833 shares of the exchange traded fund’s stock valued at $355,000 after acquiring an additional 347 shares during the period. Finally, Hancock Whitney Corp raised its position in shares of Vanguard Mortgage-Backed Securities ETF by 0.6% in the 3rd quarter. Hancock Whitney Corp now owns 57,438 shares of the exchange traded fund’s stock valued at $2,712,000 after acquiring an additional 354 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of VMBS stock opened at $45.73 on Monday. The company’s 50 day moving average price is $45.43 and its two-hundred day moving average price is $46.14. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.04 and a 52 week high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a $0.1598 dividend. The ex-dividend date was Monday, February 3rd. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.15.

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).