Intelligence Driven Advisers LLC Has $24.13 Million Stock Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Intelligence Driven Advisers LLC reduced its stake in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 15.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 532,233 shares of the exchange traded fund’s stock after selling 93,796 shares during the quarter. Vanguard Mortgage-Backed Securities ETF accounts for approximately 4.5% of Intelligence Driven Advisers LLC’s holdings, making the stock its 8th largest position. Intelligence Driven Advisers LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $24,131,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of VMBS. Truvestments Capital LLC purchased a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the third quarter worth $35,000. POM Investment Strategies LLC bought a new position in Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth $37,000. Castleview Partners LLC boosted its holdings in Vanguard Mortgage-Backed Securities ETF by 531.9% in 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 during the period. Centennial Bank AR increased its stake in Vanguard Mortgage-Backed Securities ETF by 875.2% in the 3rd quarter. Centennial Bank AR now owns 2,360 shares of the exchange traded fund’s stock worth $111,000 after buying an additional 2,118 shares in the last quarter. Finally, Appleton Partners Inc. MA bought a new stake in Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at about $204,000.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of Vanguard Mortgage-Backed Securities ETF stock opened at $45.25 on Thursday. The stock’s 50-day simple moving average is $45.48 and its 200-day simple moving average is $46.16. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $44.04 and a 52 week high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

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