Orion Porfolio Solutions LLC Grows Position in Vanguard Mortgage-Backed Securities ETF $VMBS

Orion Porfolio Solutions LLC increased its holdings in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 2.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 600,243 shares of the exchange traded fund’s stock after purchasing an additional 12,006 shares during the quarter. Orion Porfolio Solutions LLC owned 0.18% of Vanguard Mortgage-Backed Securities ETF worth $28,187,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of VMBS. Bristlecone Advisors LLC acquired a new stake in Vanguard Mortgage-Backed Securities ETF in the 3rd quarter valued at approximately $591,000. BlueStem Wealth Partners LLC lifted its stake in Vanguard Mortgage-Backed Securities ETF by 9.3% during the third quarter. BlueStem Wealth Partners LLC now owns 597,332 shares of the exchange traded fund’s stock worth $28,051,000 after purchasing an additional 50,651 shares in the last quarter. 1834 Investment Advisors Co. boosted its position in shares of Vanguard Mortgage-Backed Securities ETF by 6.6% during the third quarter. 1834 Investment Advisors Co. now owns 270,166 shares of the exchange traded fund’s stock worth $12,687,000 after buying an additional 16,663 shares during the period. Bell Bank grew its stake in shares of Vanguard Mortgage-Backed Securities ETF by 74.3% in the third quarter. Bell Bank now owns 778,461 shares of the exchange traded fund’s stock valued at $36,557,000 after buying an additional 331,869 shares in the last quarter. Finally, First Interstate Bank raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 2.1% in the 3rd quarter. First Interstate Bank now owns 1,268,396 shares of the exchange traded fund’s stock valued at $59,564,000 after buying an additional 25,655 shares during the period.

Vanguard Mortgage-Backed Securities ETF Price Performance

VMBS opened at $47.36 on Thursday. The stock’s 50-day moving average price is $47.31 and its 200 day moving average price is $47.11. Vanguard Mortgage-Backed Securities ETF has a 12-month low of $44.85 and a 12-month high of $47.90.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were given a dividend of $0.1609 per share. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Monday, March 2nd.

About Vanguard Mortgage-Backed Securities 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). The Index covers the United States agency mortgage-backed, pass-through securities issued by Government National Mortgage Association (GNMA), Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corporation (FHLMC).