First Citizens Investor Services Inc. Invests $586,000 in Vanguard High Dividend Yield ETF $VYM

First Citizens Investor Services Inc. acquired a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 4,159 shares of the company’s stock, valued at approximately $586,000. Vanguard High Dividend Yield ETF comprises 0.2% of First Citizens Investor Services Inc.’s holdings, making the stock its 15th biggest position.

Other institutional investors have also modified their holdings of the company. Gallagher Fiduciary Advisors LLC increased its stake in shares of Vanguard High Dividend Yield ETF by 12,273.0% during the second quarter. Gallagher Fiduciary Advisors LLC now owns 7,981,687 shares of the company’s stock worth $1,064,039,000 after acquiring an additional 7,917,178 shares during the period. Raymond James Financial Inc. boosted its stake in shares of Vanguard High Dividend Yield ETF by 2.4% during the 2nd quarter. Raymond James Financial Inc. now owns 7,491,066 shares of the company’s stock worth $998,634,000 after acquiring an additional 178,904 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Vanguard High Dividend Yield ETF by 3.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,673,036 shares of the company’s stock worth $622,955,000 after acquiring an additional 149,645 shares during the period. Ameriprise Financial Inc. increased its stake in Vanguard High Dividend Yield ETF by 3.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,955,135 shares of the company’s stock valued at $527,659,000 after purchasing an additional 138,262 shares in the last quarter. Finally, Wellspring Financial Advisors LLC raised its holdings in Vanguard High Dividend Yield ETF by 0.6% during the second quarter. Wellspring Financial Advisors LLC now owns 2,787,908 shares of the company’s stock worth $371,656,000 after purchasing an additional 15,677 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Up 0.6%

NYSEARCA:VYM opened at $151.94 on Wednesday. The firm has a 50-day moving average price of $146.28 and a two-hundred day moving average price of $141.70. Vanguard High Dividend Yield ETF has a twelve month low of $112.05 and a twelve month high of $152.41. The company has a market capitalization of $73.02 billion, a P/E ratio of 17.79 and a beta of 0.79.

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.