Wealth Enhancement Advisory Services LLC Increases Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Wealth Enhancement Advisory Services LLC raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 63.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,266,633 shares of the exchange traded fund’s stock after buying an additional 489,804 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $59,798,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Kovitz Investment Group Partners LLC increased its position in shares of 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 worth $95,912,000 after purchasing an additional 1,846,939 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of 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 worth $405,148,000 after purchasing an additional 1,777,531 shares in the last quarter. Raymond James & Associates increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 102.5% during the third quarter. Raymond James & Associates now owns 3,431,563 shares of the exchange traded fund’s stock worth $162,004,000 after purchasing an additional 1,737,364 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of Vanguard Mortgage-Backed Securities ETF by 3.6% during the second quarter. Envestnet Asset Management Inc. now owns 19,115,115 shares of the exchange traded fund’s stock worth $867,826,000 after purchasing an additional 659,720 shares in the last quarter. Finally, Intelligence Driven Advisers LLC acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the third quarter worth $29,555,000.

Vanguard Mortgage-Backed Securities ETF Stock Down 0.7 %

Shares of VMBS stock opened at $44.77 on Friday. The business’s fifty day simple moving average is $45.67 and its 200-day simple moving average is $46.19. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $44.04 and a 12-month high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were given a $0.1522 dividend. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.14. The ex-dividend date was Tuesday, December 24th.

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).