Belpointe Asset Management LLC acquired a new position in shares of Vanguard Mortgage Bkd Sects ETF (NASDAQ:VMBS) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 8,211 shares of the exchange traded fund’s stock, valued at approximately $433,000.

A number of other hedge funds have also modified their holdings of VMBS. Charles Schwab Investment Advisory Inc. boosted its position in Vanguard Mortgage Bkd Sects ETF by 10.2% in the 3rd quarter. Charles Schwab Investment Advisory Inc. now owns 22,058,796 shares of the exchange traded fund’s stock valued at $1,164,264,000 after buying an additional 2,042,892 shares during the period. Wells Fargo & Company MN lifted its position in shares of Vanguard Mortgage Bkd Sects ETF by 39.6% during the 2nd quarter. Wells Fargo & Company MN now owns 3,586,395 shares of the exchange traded fund’s stock worth $188,860,000 after purchasing an additional 1,017,298 shares during the last quarter. Assetmark Inc. lifted its position in shares of Vanguard Mortgage Bkd Sects ETF by 81.3% during the 3rd quarter. Assetmark Inc. now owns 1,650,662 shares of the exchange traded fund’s stock worth $87,122,000 after purchasing an additional 740,085 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of Vanguard Mortgage Bkd Sects ETF by 15.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 5,364,909 shares of the exchange traded fund’s stock worth $282,469,000 after purchasing an additional 706,895 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of Vanguard Mortgage Bkd Sects ETF by 10.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 7,639,168 shares of the exchange traded fund’s stock worth $403,193,000 after purchasing an additional 692,701 shares during the last quarter.

Shares of Vanguard Mortgage Bkd Sects ETF (NASDAQ:VMBS) opened at $52.60 on Friday. Vanguard Mortgage Bkd Sects ETF has a 1 year low of $51.82 and a 1 year high of $53.14.

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 6th. Stockholders of record on Monday, December 4th were given a dividend of $0.096 per share. This is a boost from Vanguard Mortgage Bkd Sects ETF’s previous monthly dividend of $0.07. This represents a $1.15 annualized dividend and a dividend yield of 2.19%. The ex-dividend date was Friday, December 1st.

ILLEGAL ACTIVITY WARNING: “Belpointe Asset Management LLC Invests $433,000 in Vanguard Mortgage Bkd Sects ETF (VMBS)” was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this story on another site, it was copied illegally and republished in violation of U.S. and international trademark & copyright legislation. The correct version of this story can be read at https://www.thecerbatgem.com/2017/12/16/belpointe-asset-management-llc-invests-433000-in-vanguard-mortgage-bkd-sects-etf-vmbs.html.

About Vanguard Mortgage Bkd Sects ETF

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).

Want to see what other hedge funds are holding VMBS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard Mortgage Bkd Sects ETF (NASDAQ:VMBS).

Institutional Ownership by Quarter for Vanguard Mortgage Bkd Sects ETF (NASDAQ:VMBS)

Receive News & Stock Ratings for Vanguard Mortgage Bkd Sects ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Mortgage Bkd Sects ETF and related stocks with our FREE daily email newsletter.