Vanguard Mortgage-Backed Securities ETF $VMBS Stock Position Increased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. raised its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 54.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 60,539 shares of the exchange traded fund’s stock after buying an additional 21,409 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $2,850,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Imprint Wealth LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF during the 3rd quarter valued at about $25,000. DecisionPoint Financial LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at about $25,000. Kingdom Financial Group LLC. acquired a new position in Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at about $29,000. MilWealth Group LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at about $30,000. Finally, Key Financial Inc increased its stake in Vanguard Mortgage-Backed Securities ETF by 128.9% during the 4th quarter. Key Financial Inc now owns 641 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 361 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

Vanguard Mortgage-Backed Securities ETF stock opened at $46.38 on Friday. The company’s 50-day moving average price is $46.81 and its two-hundred day moving average price is $47.06. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $45.23 and a 52 week high of $47.90.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were paid a dividend of $0.1634 per share. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.16.

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).