Financial Engines Advisors L.L.C. Buys 587,076 Shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Financial Engines Advisors L.L.C. raised its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 41.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,017,172 shares of the exchange traded fund’s stock after acquiring an additional 587,076 shares during the quarter. Financial Engines Advisors L.L.C.’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $91,459,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in VMBS. Raymond James Financial Inc. acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the 4th quarter worth about $199,949,000. Wealthfront Advisers LLC acquired a new stake in shares of Vanguard Mortgage-Backed Securities ETF during the fourth quarter worth approximately $140,368,000. Morningstar Investment Management LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the fourth quarter valued at approximately $116,296,000. Kovitz Investment Group Partners LLC boosted its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 976.7% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 2,036,034 shares of the exchange traded fund’s stock worth $95,912,000 after acquiring an additional 1,846,939 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its position in Vanguard Mortgage-Backed Securities ETF by 26.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,581,819 shares of the exchange traded fund’s stock worth $405,148,000 after acquiring an additional 1,777,531 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Up 0.2 %

VMBS stock opened at $46.07 on Wednesday. The business has a fifty day moving average price of $45.80 and a 200 day moving average price of $46.00. Vanguard Mortgage-Backed Securities ETF has a fifty-two week low of $44.04 and a fifty-two week high of $47.59.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a dividend of $0.1588 per share. 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).