Financial Advisors LLC Invests $233,000 in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Financial Advisors LLC bought a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,830 shares of the company’s stock, valued at approximately $233,000.

A number of other institutional investors also recently added to or reduced their stakes in VYM. JPMorgan Chase & Co. lifted its holdings in Vanguard High Dividend Yield ETF by 0.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock worth $277,512,000 after buying an additional 9,363 shares during the last quarter. Commonwealth Equity Services LLC raised its position in shares of Vanguard High Dividend Yield ETF by 1.7% during the 3rd quarter. Commonwealth Equity Services LLC now owns 2,163,842 shares of the company’s stock worth $277,405,000 after acquiring an additional 36,239 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake 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 purchasing an additional 121,099 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in Vanguard High Dividend Yield ETF by 1.1% in the third quarter. Janney Montgomery Scott LLC now owns 1,785,400 shares of the company’s stock valued at $228,888,000 after purchasing an additional 19,205 shares in the last quarter. Finally, Mesirow Financial Investment Management Inc. increased its stake in Vanguard High Dividend Yield ETF by 101.2% in the third 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 last quarter.

Vanguard High Dividend Yield ETF Price Performance

NYSEARCA VYM opened at $131.69 on Friday. The company has a fifty day moving average of $130.47 and a two-hundred day moving average of $127.12. Vanguard High Dividend Yield ETF has a 1 year low of $109.47 and a 1 year high of $135.07. The company has a market capitalization of $59.63 billion, a PE ratio of 15.88 and a beta of 0.70.

Vanguard High Dividend Yield ETF Company Profile

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.