Flagship Wealth Advisors LLC Invests $12.10 Million in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Flagship Wealth Advisors LLC purchased a new position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 94,832 shares of the company’s stock, valued at approximately $12,100,000. Vanguard High Dividend Yield ETF makes up about 7.1% of Flagship Wealth Advisors LLC’s investment portfolio, making the stock its 3rd biggest holding.

A number of other hedge funds have also recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $921,398,000. Commonwealth Equity Services LLC lifted its position in Vanguard High Dividend Yield ETF by 8.3% in the 4th quarter. Commonwealth Equity Services LLC now owns 2,343,545 shares of the company’s stock valued at $299,013,000 after acquiring an additional 179,703 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Vanguard High Dividend Yield ETF by 0.4% in 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 in the last quarter. The Manufacturers Life Insurance Company lifted its position in Vanguard High Dividend Yield ETF by 6.8% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,889,775 shares of the company’s stock valued at $242,269,000 after acquiring an additional 121,099 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in Vanguard High Dividend Yield ETF by 1.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 1,804,471 shares of the company’s stock valued at $230,233,000 after acquiring an additional 19,071 shares in the last quarter.

Vanguard High Dividend Yield ETF Trading Up 1.5 %

VYM stock opened at $128.28 on Monday. The stock has a market capitalization of $58.98 billion, a PE ratio of 18.95 and a beta of 0.83. Vanguard High Dividend Yield ETF has a 12-month low of $114.37 and a 12-month high of $135.10. The stock’s 50 day simple moving average is $131.42 and its 200 day simple moving average is $130.06.

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.