Brookstone Capital Management Buys 12,700 Shares of Vanguard Mortgage-Backed Securities ETF $VMBS

Brookstone Capital Management lifted its stake in shares of Vanguard Mortgage-Backed Securities ETF (NASDAQ:VMBS) by 12.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 116,480 shares of the exchange traded fund’s stock after purchasing an additional 12,700 shares during the period. Brookstone Capital Management’s holdings in Vanguard Mortgage-Backed Securities ETF were worth $5,398,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. LRI Investments LLC increased its holdings in Vanguard Mortgage-Backed Securities ETF by 138.9% during the first quarter. LRI Investments LLC now owns 731 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 425 shares during the last quarter. Bellevue Asset Management LLC bought a new position in shares of Vanguard Mortgage-Backed Securities ETF in the 2nd quarter valued at about $39,000. Berkshire Money Management Inc. acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 2nd quarter worth about $68,000. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of Vanguard Mortgage-Backed Securities ETF during the 2nd quarter worth about $80,000. Finally, Headlands Technologies LLC raised its holdings in shares of Vanguard Mortgage-Backed Securities ETF by 5,697.4% in the 1st quarter. Headlands Technologies LLC now owns 2,203 shares of the exchange traded fund’s stock valued at $102,000 after purchasing an additional 2,165 shares during the period.

Vanguard Mortgage-Backed Securities ETF Trading Down 0.4%

Shares of NASDAQ:VMBS opened at $47.25 on Friday. Vanguard Mortgage-Backed Securities ETF has a 52-week low of $44.65 and a 52-week high of $47.46. The company has a 50-day simple moving average of $46.89 and a 200 day simple moving average of $46.20.

Vanguard Mortgage-Backed Securities ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were paid a dividend of $0.1533 per share. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date was Wednesday, October 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).