Lake Street Advisors Group LLC Acquires 2,031 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Lake Street Advisors Group LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 46.3% during the fourth quarter, HoldingsChannel reports. The firm owned 6,420 shares of the exchange traded fund’s stock after buying an additional 2,031 shares during the period. Lake Street Advisors Group LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $291,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of VMBS. Morningstar Investment Management LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at $116,296,000. Kovitz Investment Group Partners LLC increased its position in Vanguard Mortgage-Backed Securities ETF by 976.7% during the third quarter. Kovitz Investment Group Partners LLC now owns 2,036,034 shares of the exchange traded fund’s stock valued at $95,912,000 after acquiring an additional 1,846,939 shares during the last quarter. JPMorgan Chase & Co. increased its position in Vanguard Mortgage-Backed Securities ETF by 26.1% during the third quarter. JPMorgan Chase & Co. now owns 8,581,819 shares of the exchange traded fund’s stock valued at $405,148,000 after acquiring an additional 1,777,531 shares during the last quarter. Intelligence Driven Advisers LLC purchased a new stake in Vanguard Mortgage-Backed Securities ETF during the third quarter valued at $29,555,000. Finally, Wealth Enhancement Advisory Services LLC increased its position in Vanguard Mortgage-Backed Securities ETF by 63.1% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,266,633 shares of the exchange traded fund’s stock valued at $59,798,000 after acquiring an additional 489,804 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Up 0.5 %

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

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently disclosed 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. The ex-dividend date was Monday, February 3rd. This is a boost from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.15.

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).