Milestone Investment Advisors LLC Has $9.21 Million Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Milestone Investment Advisors LLC boosted its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 72,143 shares of the company’s stock after acquiring an additional 1,857 shares during the quarter. Vanguard High Dividend Yield ETF makes up approximately 2.5% of Milestone Investment Advisors LLC’s portfolio, making the stock its 12th largest holding. Milestone Investment Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $9,205,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its holdings in shares of 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 valued at $277,512,000 after acquiring an additional 9,363 shares during the last quarter. World Investment Advisors LLC boosted its position in Vanguard High Dividend Yield ETF by 451.3% during the third quarter. World Investment Advisors LLC now owns 22,939 shares of the company’s stock worth $2,941,000 after purchasing an additional 18,778 shares during the period. Proficio Capital Partners LLC acquired a new position in Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $2,588,000. Bank of New York Mellon Corp raised its position in shares of Vanguard High Dividend Yield ETF by 1.3% in the fourth quarter. Bank of New York Mellon Corp now owns 114,629 shares of the company’s stock valued at $14,626,000 after purchasing an additional 1,496 shares during the period. Finally, PKS Advisory Services LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth $242,000.

Vanguard High Dividend Yield ETF Trading Up 0.6 %

NYSEARCA VYM opened at $129.43 on Thursday. The company has a market cap of $59.54 billion, a P/E ratio of 18.76 and a beta of 0.79. Vanguard High Dividend Yield ETF has a 1 year low of $114.37 and a 1 year high of $135.10. The company has a fifty day simple moving average of $131.36 and a 200 day simple moving average of $130.37.

Vanguard High Dividend Yield ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, March 25th. Shareholders of record on Friday, March 21st were issued a dividend of $0.85 per share. The ex-dividend date of this dividend was Friday, March 21st.

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.