Fortitude Advisory Group L.L.C. Has $496,000 Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Fortitude Advisory Group L.L.C. grew its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 50.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,885 shares of the company’s stock after purchasing an additional 1,296 shares during the period. Fortitude Advisory Group L.L.C.’s holdings in Vanguard High Dividend Yield ETF were worth $496,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VYM. AQR Capital Management LLC grew its position in shares of Vanguard High Dividend Yield ETF by 7.5% in the 2nd quarter. AQR Capital Management LLC now owns 4,935 shares of the company’s stock valued at $585,000 after purchasing an additional 343 shares during the period. Nemes Rush Group LLC lifted its stake in Vanguard High Dividend Yield ETF by 1,036.9% in the second quarter. Nemes Rush Group LLC now owns 1,694 shares of the company’s stock valued at $201,000 after buying an additional 1,545 shares in the last quarter. Silver Lake Advisory LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the second quarter valued at approximately $251,000. Northwestern Mutual Wealth Management Co. increased its position in shares of Vanguard High Dividend Yield ETF by 6.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 205,132 shares of the company’s stock worth $24,328,000 after acquiring an additional 12,107 shares in the last quarter. Finally, Covington Investment Advisors Inc. raised its holdings in shares of Vanguard High Dividend Yield ETF by 4.6% during the second quarter. Covington Investment Advisors Inc. now owns 36,753 shares of the company’s stock worth $4,359,000 after acquiring an additional 1,617 shares during the period.

Vanguard High Dividend Yield ETF Trading Down 0.3 %

Shares of NYSEARCA VYM opened at $132.72 on Tuesday. The company has a fifty day moving average price of $130.56 and a 200 day moving average price of $127.72. The firm has a market cap of $60.09 billion, a PE ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 1-year low of $111.31 and a 1-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.