Intelligence Driven Advisers LLC Purchases New Position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS)

Intelligence Driven Advisers LLC purchased a new position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 626,029 shares of the exchange traded fund’s stock, valued at approximately $29,555,000. Vanguard Mortgage-Backed Securities ETF makes up 4.2% of Intelligence Driven Advisers LLC’s portfolio, making the stock its 9th largest position. Intelligence Driven Advisers LLC owned approximately 0.16% of Vanguard Mortgage-Backed Securities ETF as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Valtinson Bruner Financial Planning LLC grew its stake in Vanguard Mortgage-Backed Securities ETF by 43.6% in the 3rd quarter. Valtinson Bruner Financial Planning LLC now owns 77,731 shares of the exchange traded fund’s stock worth $3,670,000 after acquiring an additional 23,595 shares in the last quarter. Kovack Advisors Inc. increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 4.1% in the 3rd quarter. Kovack Advisors Inc. now owns 14,987 shares of the exchange traded fund’s stock valued at $708,000 after acquiring an additional 594 shares during the period. Savvy Advisors Inc. increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 102.2% in the 3rd quarter. Savvy Advisors Inc. now owns 108,434 shares of the exchange traded fund’s stock valued at $5,119,000 after acquiring an additional 54,812 shares during the period. Proactive Wealth Strategies LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 3rd quarter worth $257,000. Finally, First National Trust Co lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF by 14.8% during the 3rd quarter. First National Trust Co now owns 228,769 shares of the exchange traded fund’s stock worth $10,800,000 after purchasing an additional 29,499 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Stock Performance

Vanguard Mortgage-Backed Securities ETF stock traded up $0.05 during trading hours on Thursday, reaching $45.68. The stock had a trading volume of 127,326 shares, compared to its average volume of 1,603,940. The business’s 50 day moving average price is $46.59 and its 200-day moving average price is $46.03. Vanguard Mortgage-Backed Securities ETF has a 52 week low of $43.87 and a 52 week high of $47.59.

Vanguard Mortgage-Backed Securities ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were paid a $0.153 dividend. This represents a $1.84 annualized dividend and a yield of 4.02%. This is an increase from Vanguard Mortgage-Backed Securities ETF’s previous monthly dividend of $0.15. The ex-dividend date was Friday, November 1st.

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).