Brookstone Capital Management Has $5.40 Million Stock Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Brookstone Capital Management raised its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 12.2% during the 2nd quarter, Holdings Channel reports. The fund owned 116,480 shares of the exchange traded fund’s stock after acquiring an additional 12,700 shares during the period. Brookstone Capital Management’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $5,398,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in VMBS. LRI Investments LLC grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 138.9% in the first quarter. LRI Investments LLC now owns 731 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 425 shares during the last quarter. Bellevue Asset Management LLC bought a new stake in Vanguard Mortgage-Backed Securities ETF in the 2nd quarter valued at $39,000. Berkshire Money Management Inc. acquired a new position in Vanguard Mortgage-Backed Securities ETF in the 2nd quarter valued at $68,000. Oliver Lagore Vanvalin Investment Group bought a new position in Vanguard Mortgage-Backed Securities ETF during the 2nd quarter worth $80,000. Finally, Headlands Technologies LLC lifted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 5,697.4% during the first quarter. Headlands Technologies LLC now owns 2,203 shares of the exchange traded fund’s stock worth $102,000 after buying an additional 2,165 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $47.25 on Friday. The firm has a 50-day moving average of $46.89 and a 200-day moving average of $46.20. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $44.65 and a 52-week high of $47.46.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 3rd. Shareholders of record on Wednesday, October 1st were given a dividend of $0.1533 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Wednesday, October 1st.

Vanguard Mortgage-Backed Securities ETF Company 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).