Northwestern Mutual Wealth Management Co. Purchases 115,594 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

Northwestern Mutual Wealth Management Co. grew its position in Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 168.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 184,300 shares of the exchange traded fund’s stock after buying an additional 115,594 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.06% of Vanguard Mortgage-Backed Securities ETF worth $8,627,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Genesis Private Wealth LLC grew its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 1.1% during the first quarter. Genesis Private Wealth LLC now owns 20,912 shares of the exchange traded fund’s stock valued at $982,000 after buying an additional 237 shares during the last quarter. Maia Wealth LLC lifted its position in Vanguard Mortgage-Backed Securities ETF by 2.6% in the 3rd quarter. Maia Wealth LLC now owns 9,323 shares of the exchange traded fund’s stock valued at $438,000 after acquiring an additional 240 shares in the last quarter. Rehmann Capital Advisory Group lifted its position in Vanguard Mortgage-Backed Securities ETF by 3.2% in the 4th quarter. Rehmann Capital Advisory Group now owns 7,931 shares of the exchange traded fund’s stock valued at $373,000 after acquiring an additional 243 shares in the last quarter. Saranac Partners Ltd boosted its stake in Vanguard Mortgage-Backed Securities ETF by 2.1% during the 4th quarter. Saranac Partners Ltd now owns 11,728 shares of the exchange traded fund’s stock valued at $552,000 after purchasing an additional 245 shares during the last quarter. Finally, International Assets Investment Management LLC boosted its stake in Vanguard Mortgage-Backed Securities ETF by 7.5% during the 1st quarter. International Assets Investment Management LLC now owns 3,633 shares of the exchange traded fund’s stock valued at $170,000 after purchasing an additional 253 shares during the last quarter.

Vanguard Mortgage-Backed Securities ETF Price Performance

Vanguard Mortgage-Backed Securities ETF stock opened at $45.81 on Thursday. Vanguard Mortgage-Backed Securities ETF has a 12 month low of $45.72 and a 12 month high of $47.90. The stock has a fifty day simple moving average of $46.33 and a two-hundred day simple moving average of $46.73.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, September 3rd. Investors of record on Tuesday, September 1st will be issued a $0.1666 dividend. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date is Tuesday, September 1st.

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).