Vanguard Mortgage-Backed Securities Index Fund ETF Shares (NASDAQ:VMBS) Shares Purchased by Acropolis Investment Management LLC

This article was originally published on this site

Acropolis Investment Management LLC increased its position in shares of Vanguard Mortgage-Backed Securities Index Fund ETF Shares (NASDAQ:VMBS) by 4.9% in the fourth quarter, HoldingsChannel reports. The firm owned 1,069,633 shares of the exchange traded fund’s stock after acquiring an additional 50,250 shares during the quarter. Vanguard Mortgage-Backed Securities Index Fund ETF Shares accounts for 6.4% of Acropolis Investment Management LLC’s portfolio, making the stock its 6th biggest position. Acropolis Investment Management LLC’s holdings in Vanguard Mortgage-Backed Securities Index Fund ETF Shares were worth $57,835,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in VMBS. Carroll Financial Associates Inc. lifted its stake in shares of Vanguard Mortgage-Backed Securities Index Fund ETF Shares by 25.6% during the third quarter. Carroll Financial Associates Inc. now owns 1,173 shares of the exchange traded fund’s stock worth $63,000 after purchasing an additional 239 shares in the last quarter. Gradient Investments LLC raised its position in shares of Vanguard Mortgage-Backed Securities Index Fund ETF Shares by 27.7% in the third quarter. Gradient Investments LLC now owns 1,295 shares of the exchange traded fund’s stock valued at $70,000 after purchasing an additional 281 shares during the period. Telemus Capital LLC raised its position in shares of Vanguard Mortgage-Backed Securities Index Fund ETF Shares by 3.3% in the third quarter. Telemus Capital LLC now owns 11,373 shares of the exchange traded fund’s stock valued at $615,000 after purchasing an additional 362 shares during the period. Capital Investment Advisory Services LLC raised its position in shares of Vanguard Mortgage-Backed Securities Index Fund ETF Shares by 3.8% in the third quarter. Capital Investment Advisory Services LLC now owns 10,061 shares of the exchange traded fund’s stock valued at $546,000 after purchasing an additional 371 shares during the period. Finally, CCG Wealth Management LLC raised its position in shares of Vanguard Mortgage-Backed Securities Index Fund ETF Shares by 4.9% in the third quarter. CCG Wealth Management LLC now owns 8,040 shares of the exchange traded fund’s stock valued at $436,000 after purchasing an additional 374 shares during the period.

Shares of NASDAQ VMBS traded up $0.03 during midday trading on Wednesday, hitting $53.95. The company’s stock had a trading volume of 15,083 shares, compared to its average volume of 1,299,212. The stock has a fifty day moving average price of $54.08 and a 200 day moving average price of $54.10. Vanguard Mortgage-Backed Securities Index Fund ETF Shares has a one year low of $50.77 and a one year high of $54.74.

The firm also recently declared a monthly dividend, which was paid on Tuesday, December 29th. Stockholders of record on Thursday, December 24th were given a $0.136 dividend. The ex-dividend date of this dividend was Wednesday, December 23rd. This represents a $1.63 annualized dividend and a dividend yield of 3.03%. This is a positive change from Vanguard Mortgage-Backed Securities Index Fund ETF Shares’s previous monthly dividend of $0.07.

About Vanguard Mortgage-Backed Securities Index Fund ETF Shares

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).

See Also: What is range trading?

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-Backed Securities Index Fund ETF Shares (NASDAQ:VMBS).

Receive News & Ratings for Vanguard Mortgage-Backed Securities Index Fund ETF Shares Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Vanguard Mortgage-Backed Securities Index Fund ETF Shares and related companies with MarketBeat.com’s FREE daily email newsletter.