Advisory Services Network LLC Boosts Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Advisory Services Network LLC raised its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 4.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 119,430 shares of the company’s stock after buying an additional 4,624 shares during the period. Advisory Services Network LLC’s holdings in Vanguard High Dividend Yield ETF were worth $15,238,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Valley Wealth Managers Inc. grew its position in Vanguard High Dividend Yield ETF by 314.8% in the fourth quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock worth $32,000 after acquiring an additional 192 shares during the period. Runnymede Capital Advisors Inc. acquired a new stake in Vanguard High Dividend Yield ETF in the 4th quarter valued at about $34,000. Decker Retirement Planning Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth approximately $39,000. Wingate Wealth Advisors Inc. purchased a new position in Vanguard High Dividend Yield ETF in the fourth quarter valued at $39,000. Finally, Pillar Financial Advisors LLC acquired a new stake in Vanguard High Dividend Yield ETF in the fourth quarter valued at $41,000.

Vanguard High Dividend Yield ETF Stock Down 0.7 %

Shares of VYM opened at $116.19 on Tuesday. Vanguard High Dividend Yield ETF has a 52-week low of $112.05 and a 52-week high of $135.10. The stock has a 50 day moving average price of $130.53 and a 200 day moving average price of $130.22. The company has a market capitalization of $53.45 billion, a price-to-earnings ratio of 18.76 and a beta of 0.79.

Vanguard High Dividend Yield ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, March 25th. Investors of record on Friday, March 21st were paid a dividend of $0.85 per share. The ex-dividend date was Friday, March 21st.

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.