Modera Wealth Management LLC Takes Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Modera Wealth Management LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 19,509 shares of the exchange traded fund’s stock, valued at approximately $885,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Smartleaf Asset Management LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF by 14.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 133,900 shares of the exchange traded fund’s stock valued at $6,075,000 after buying an additional 17,036 shares during the last quarter. Maia Wealth LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF in the 4th quarter worth about $300,000. Cape Investment Advisory Inc. lifted its position in Vanguard Mortgage-Backed Securities ETF by 78.8% in the 4th quarter. Cape Investment Advisory Inc. now owns 2,439 shares of the exchange traded fund’s stock valued at $111,000 after purchasing an additional 1,075 shares during the last quarter. BlueStem Wealth Partners LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF during the 4th quarter valued at about $27,905,000. Finally, Prudent Man Advisors LLC grew its position in Vanguard Mortgage-Backed Securities ETF by 3.4% in the 4th quarter. Prudent Man Advisors LLC now owns 58,386 shares of the exchange traded fund’s stock worth $2,647,000 after purchasing an additional 1,903 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of NASDAQ:VMBS opened at $46.41 on Tuesday. The firm’s 50 day moving average is $45.48 and its two-hundred day moving average is $46.10. 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 Cuts Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, March 5th. Investors of record on Monday, March 3rd will be given a $0.1588 dividend. The ex-dividend date is 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).