Diversified Portfolios Inc. Acquires Shares of 133,009 Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Diversified Portfolios Inc. bought a new position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 133,009 shares of the exchange traded fund’s stock, valued at approximately $6,031,000.

Other institutional investors have also modified their holdings of the company. Truvestments Capital LLC bought a new position in Vanguard Mortgage-Backed Securities ETF in the third quarter worth approximately $35,000. POM Investment Strategies LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth $37,000. Castleview Partners LLC grew its position in shares of Vanguard Mortgage-Backed Securities ETF by 531.9% during the 3rd quarter. Castleview Partners LLC now owns 872 shares of the exchange traded fund’s stock worth $41,000 after buying an additional 734 shares in the last quarter. Armstrong Advisory Group Inc. purchased a new position in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter valued at $45,000. Finally, Centennial Bank AR increased its stake in shares of Vanguard Mortgage-Backed Securities ETF by 875.2% during the third quarter. Centennial Bank AR now owns 2,360 shares of the exchange traded fund’s stock valued at $111,000 after buying an additional 2,118 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.2 %

NASDAQ:VMBS opened at $45.47 on Wednesday. Vanguard Mortgage-Backed Securities ETF has a 1-year low of $44.04 and a 1-year high of $47.59. The company has a 50-day moving average of $45.49 and a 200 day moving average of $46.16.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a $0.1598 dividend. 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 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).