West Michigan Advisors LLC Increases Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

West Michigan Advisors LLC grew its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 5.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,299 shares of the exchange traded fund’s stock after acquiring an additional 396 shares during the period. West Michigan Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $376,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Evergreen Advisors LLC raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 14.9% during the fourth quarter. Evergreen Advisors LLC now owns 634,610 shares of the exchange traded fund’s stock valued at $28,773,000 after acquiring an additional 82,246 shares in the last quarter. Fisher Asset Management LLC raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 34.1% during the fourth quarter. Fisher Asset Management LLC now owns 104,742 shares of the exchange traded fund’s stock valued at $4,749,000 after acquiring an additional 26,648 shares in the last quarter. Cobblestone Capital Advisors LLC NY raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 8.6% during the fourth quarter. Cobblestone Capital Advisors LLC NY now owns 37,350 shares of the exchange traded fund’s stock valued at $1,693,000 after acquiring an additional 2,950 shares in the last quarter. Veridan Wealth LLC bought a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at approximately $2,262,000. Finally, Hilltop Partners LLC raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 12.3% during the fourth quarter. Hilltop Partners LLC now owns 83,936 shares of the exchange traded fund’s stock valued at $3,806,000 after acquiring an additional 9,169 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.5 %

Vanguard Mortgage-Backed Securities ETF stock opened at $46.49 on Friday. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.04 and a fifty-two week high of $47.59. The company has a 50 day moving average price of $45.46 and a 200-day moving average price of $46.11.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a $0.1598 dividend. 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).