Sequoia Financial Advisors LLC Grows Stock Holdings in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Sequoia Financial Advisors LLC raised its position in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 172.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 198,171 shares of the exchange traded fund’s stock after buying an additional 125,449 shares during the period. Sequoia Financial Advisors LLC’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $8,985,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at $199,949,000. Wealthfront Advisers LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at $140,368,000. Morningstar Investment Management LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at $116,296,000. Kovitz Investment Group Partners LLC raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 976.7% in 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 acquiring an additional 1,846,939 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of Vanguard Mortgage-Backed Securities ETF by 26.1% in 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 acquiring an additional 1,777,531 shares in the last quarter.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.2 %

Shares of NASDAQ VMBS opened at $46.00 on Thursday. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $44.04 and a 12-month high of $47.59. The business’s fifty day simple moving average is $45.60 and its 200-day simple moving average is $46.06.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were paid a $0.1588 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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).