Vanguard High Dividend Yield ETF $VYM Shares Bought by Valley National Advisers Inc.

Valley National Advisers Inc. increased its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,854 shares of the company’s stock after purchasing an additional 342 shares during the period. Valley National Advisers Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $1,312,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Headland Capital LLC purchased a new stake in Vanguard High Dividend Yield ETF in the 2nd quarter valued at about $201,000. PUREfi Wealth LLC purchased a new position in shares of Vanguard High Dividend Yield ETF during the 2nd quarter worth about $1,310,000. DAVENPORT & Co LLC boosted its position in shares of Vanguard High Dividend Yield ETF by 8.8% in the second quarter. DAVENPORT & Co LLC now owns 256,112 shares of the company’s stock worth $34,142,000 after acquiring an additional 20,609 shares during the last quarter. Grimes & Company Inc. grew its holdings in Vanguard High Dividend Yield ETF by 6.6% in the second quarter. Grimes & Company Inc. now owns 22,687 shares of the company’s stock valued at $3,024,000 after purchasing an additional 1,402 shares during the period. Finally, Merit Financial Group LLC increased its position in Vanguard High Dividend Yield ETF by 17.3% during the second quarter. Merit Financial Group LLC now owns 259,882 shares of the company’s stock worth $34,645,000 after purchasing an additional 38,314 shares during the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Vanguard High Dividend Yield ETF stock opened at $141.55 on Monday. Vanguard High Dividend Yield ETF has a 12 month low of $112.05 and a 12 month high of $142.22. The company has a market cap of $65.54 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. The stock’s 50-day moving average is $138.50 and its 200-day moving average is $131.92.

Vanguard High Dividend Yield ETF 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.