Concurrent Investment Advisors LLC Raises Stock Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Concurrent Investment Advisors LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 5.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 49,722 shares of the exchange traded fund’s stock after purchasing an additional 2,564 shares during the period. Concurrent Investment Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $2,254,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the business. Kovitz Investment Group Partners LLC grew 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 buying an additional 1,846,939 shares during the period. JPMorgan Chase & Co. grew 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 buying an additional 1,777,531 shares during the period. Intelligence Driven Advisers LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF during the third quarter valued at $29,555,000. Wealth Enhancement Advisory Services LLC grew 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 buying an additional 489,804 shares during the period. Finally, TD Private Client Wealth LLC grew its position in Vanguard Mortgage-Backed Securities ETF by 13.1% during the third quarter. TD Private Client Wealth LLC now owns 3,260,561 shares of the exchange traded fund’s stock valued at $153,931,000 after buying an additional 377,295 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

VMBS stock opened at $45.94 on Friday. The firm’s fifty day moving average is $45.39 and its 200 day moving average is $46.12. Vanguard Mortgage-Backed Securities ETF has a one year low of $44.04 and a one year high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company 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. The ex-dividend date was Monday, February 3rd. This is a positive change 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).