In a large saucepan mix the water, sweetener, nutmeg and add a cinnamon stick and bring to a boil. Boil gently until the sugar is dissolved and the mixture thickens slightly, about 5 minutes. Peel and slice apples. Add the apples and return to a boil. Lower the heat and simmer stirring occasionally, until the apples are very tender and the mixture thickens, about 20 minutes. Remove from the heat and remove the vanilla bean pods and the cinnamon stick. Let cool to room temperature before serving. Sprinkle with cinnamon.