PFG Investments LLC Boosts Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

PFG Investments LLC increased its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 7.0% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 48,097 shares of the company’s stock after buying an additional 3,139 shares during the period. PFG Investments LLC’s holdings in Vanguard High Dividend Yield ETF were worth $6,137,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in VYM. Strategic Investment Advisors MI purchased a new stake in Vanguard High Dividend Yield ETF during the fourth quarter valued at about $508,000. Legacy Financial Group LLC bought a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth about $251,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its stake in shares of Vanguard High Dividend Yield ETF by 3.1% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 77,885 shares of the company’s stock worth $9,937,000 after purchasing an additional 2,337 shares during the last quarter. Embree Financial Group grew its stake in shares of Vanguard High Dividend Yield ETF by 0.5% in the fourth quarter. Embree Financial Group now owns 34,508 shares of the company’s stock worth $4,403,000 after purchasing an additional 187 shares during the last quarter. Finally, Park Edge Advisors LLC lifted its holdings in Vanguard High Dividend Yield ETF by 47.2% in the fourth quarter. Park Edge Advisors LLC now owns 2,925 shares of the company’s stock worth $373,000 after buying an additional 938 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

VYM stock opened at $133.06 on Monday. The firm has a 50 day moving average price of $130.56 and a 200-day moving average price of $127.66. Vanguard High Dividend Yield ETF has a 52-week low of $111.31 and a 52-week high of $135.07. The firm has a market capitalization of $60.25 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70.

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.