BlueStem Wealth Partners LLC Invests $27.91 Million in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

BlueStem Wealth Partners LLC purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the fourth quarter, Holdings Channel.com reports. The fund purchased 615,462 shares of the exchange traded fund’s stock, valued at approximately $27,905,000. Vanguard Mortgage-Backed Securities ETF accounts for 3.7% of BlueStem Wealth Partners LLC’s holdings, making the stock its 10th largest position.

A number of other institutional investors and hedge funds have also made changes to their positions in VMBS. Morningstar Investment Management LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at $116,296,000. Kovitz Investment Group Partners LLC boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 976.7% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 2,036,034 shares of the exchange traded fund’s stock worth $95,912,000 after acquiring an additional 1,846,939 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 26.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,581,819 shares of the exchange traded fund’s stock worth $405,148,000 after acquiring an additional 1,777,531 shares in the last quarter. Intelligence Driven Advisers LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the third quarter worth $29,555,000. Finally, Wealth Enhancement Advisory Services LLC boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 63.1% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,266,633 shares of the exchange traded fund’s stock worth $59,798,000 after buying an additional 489,804 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.5 %

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $46.49 on Friday. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $44.04 and a 12 month high of $47.59. The business has a fifty day simple moving average of $45.46 and a 200-day simple moving average of $46.10.

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

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).