Kestra Investment Management LLC Purchases 126,736 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Kestra Investment Management LLC increased its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 19.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 775,541 shares of the exchange traded fund’s stock after buying an additional 126,736 shares during the quarter. Vanguard Mortgage-Backed Securities ETF comprises about 1.4% of Kestra Investment Management LLC’s portfolio, making the stock its 23rd biggest position. Kestra Investment Management LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $35,163,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in VMBS. Fisher Asset Management LLC grew its position in 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 valued at $3,687,000 after purchasing an additional 229 shares during the period. Ellis Investment Partners LLC lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 3.4% in the fourth quarter. Ellis Investment Partners LLC now owns 7,764 shares of the exchange traded fund’s stock valued at $352,000 after buying an additional 252 shares in the last quarter. Concurrent Investment Advisors LLC grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 0.7% during the third quarter. Concurrent Investment Advisors LLC now owns 47,158 shares of the exchange traded fund’s stock valued at $2,226,000 after buying an additional 309 shares during the last quarter. Brighton Jones LLC increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 4.6% during the fourth quarter. Brighton Jones LLC now owns 7,833 shares of the exchange traded fund’s stock worth $355,000 after acquiring an additional 347 shares in the last quarter. Finally, Hancock Whitney Corp increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 0.6% during the third quarter. Hancock Whitney Corp now owns 57,438 shares of the exchange traded fund’s stock worth $2,712,000 after acquiring an additional 354 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.4 %

VMBS stock opened at $45.73 on Tuesday. The business has a 50-day simple moving average of $45.43 and a two-hundred day simple moving average of $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 firm also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a dividend of $0.1598 per share. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Monday, February 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).