Dougherty Wealth Advisers LLC Has $4.19 Million Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Dougherty Wealth Advisers LLC lifted its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 105.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,815 shares of the company’s stock after purchasing an additional 16,808 shares during the period. Vanguard High Dividend Yield ETF accounts for about 3.2% of Dougherty Wealth Advisers LLC’s holdings, making the stock its 7th biggest position. Dougherty Wealth Advisers LLC’s holdings in Vanguard High Dividend Yield ETF were worth $4,187,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its stake in Vanguard High Dividend Yield ETF by 0.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock valued at $277,512,000 after buying an additional 9,363 shares during the last quarter. Commonwealth Equity Services LLC increased its position in shares of Vanguard High Dividend Yield ETF by 1.7% during the third quarter. Commonwealth Equity Services LLC now owns 2,163,842 shares of the company’s stock valued at $277,405,000 after acquiring an additional 36,239 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in Vanguard High Dividend Yield ETF by 6.8% during the third quarter. The Manufacturers Life Insurance Company now owns 1,889,775 shares of the company’s stock worth $242,269,000 after acquiring an additional 121,099 shares during the period. Janney Montgomery Scott LLC boosted its position in Vanguard High Dividend Yield ETF by 1.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 1,804,471 shares of the company’s stock worth $230,233,000 after purchasing an additional 19,071 shares during the last quarter. Finally, Mesirow Financial Investment Management Inc. grew its stake in Vanguard High Dividend Yield ETF by 101.2% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 1,097,218 shares of the company’s stock valued at $140,664,000 after purchasing an additional 552,003 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

NYSEARCA VYM opened at $132.36 on Friday. The business’s fifty day moving average is $130.62 and its 200-day moving average is $128.04. The stock has a market capitalization of $59.93 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a one year low of $111.31 and a one year high of $135.07.

About Vanguard High Dividend Yield ETF

The Vanguard High Dividend Yield Index Fund (VYM) is an exchange-traded fund that is based on the FTSE Custom High Dividend Yield index. The fund tracks the FTSE High Dividend Yield Index. The index selects high-dividend-paying US companies, excluding REITS, and weights them by market cap. VYM was launched on Nov 10, 2006 and is managed by Vanguard.