Copperleaf Capital LLC Invests $379,000 in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Copperleaf Capital LLC acquired a new position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 8,369 shares of the exchange traded fund’s stock, valued at approximately $379,000.

A number of other institutional investors have also made changes to their positions in VMBS. Strategic Financial Concepts LLC bought a new position in Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at about $506,000. Ellis Investment Partners LLC increased its stake in Vanguard Mortgage-Backed Securities ETF by 3.4% during the fourth quarter. Ellis Investment Partners LLC now owns 7,764 shares of the exchange traded fund’s stock valued at $352,000 after acquiring an additional 252 shares during the period. Lord & Richards Wealth Management LLC bought a new position in Vanguard Mortgage-Backed Securities ETF during the fourth quarter valued at about $251,000. Accretive Wealth Partners LLC increased its stake in Vanguard Mortgage-Backed Securities ETF by 52.8% during the fourth quarter. Accretive Wealth Partners LLC now owns 9,372 shares of the exchange traded fund’s stock valued at $425,000 after acquiring an additional 3,240 shares during the period. Finally, Family CFO Inc increased its stake in Vanguard Mortgage-Backed Securities ETF by 11.8% during the fourth quarter. Family CFO Inc now owns 261,968 shares of the exchange traded fund’s stock valued at $11,878,000 after acquiring an additional 27,711 shares during the period.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Shares of VMBS opened at $45.73 on Friday. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $44.04 and a 12-month high of $47.59. The stock’s 50-day moving average price is $45.43 and its 200 day moving average price is $46.14.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.1598 per share. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous dividend of $0.15. The ex-dividend date was Monday, February 3rd.

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).