AssuredPartners Investment Advisors LLC Buys New Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

AssuredPartners Investment Advisors LLC purchased a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 16,418 shares of the company’s stock, valued at approximately $2,095,000.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake 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 worth $277,512,000 after acquiring an additional 9,363 shares during the last quarter. World Investment Advisors LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 451.3% in 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 last quarter. Semmax Financial Advisors Inc. lifted its holdings in shares of Vanguard High Dividend Yield ETF by 3.2% during the third quarter. Semmax Financial Advisors Inc. now owns 37,266 shares of the company’s stock worth $4,910,000 after purchasing an additional 1,171 shares during the period. Proficio Capital Partners LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth about $2,588,000. Finally, Bank of New York Mellon Corp increased its holdings in Vanguard High Dividend Yield ETF by 1.3% in the 4th quarter. Bank of New York Mellon Corp now owns 114,629 shares of the company’s stock worth $14,626,000 after buying an additional 1,496 shares during the period.

Vanguard High Dividend Yield ETF Trading Up 0.1 %

VYM opened at $129.31 on Thursday. Vanguard High Dividend Yield ETF has a 12-month low of $114.37 and a 12-month high of $135.10. The firm has a 50 day moving average of $131.67 and a two-hundred day moving average of $130.23. The firm has a market capitalization of $59.46 billion, a PE ratio of 18.95 and a beta of 0.83.

Vanguard High Dividend Yield ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, March 25th. Investors 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.

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.