Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Acquired by FRG Family Wealth Advisors LLC

FRG Family Wealth Advisors LLC grew its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 5.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 25,218 shares of the company’s stock after purchasing an additional 1,197 shares during the period. FRG Family Wealth Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $3,218,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Raymond James Financial Inc. bought a new stake in Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $921,398,000. LPL Financial LLC grew its position in shares of Vanguard High Dividend Yield ETF by 4.5% in the 4th quarter. LPL Financial LLC now owns 5,643,230 shares of the company’s stock valued at $720,020,000 after buying an additional 243,681 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in Vanguard High Dividend Yield ETF by 152.1% in the fourth quarter. JPMorgan Chase & Co. now owns 5,457,629 shares of the company’s stock valued at $696,339,000 after buying an additional 3,292,948 shares during the period. Wells Fargo & Company MN grew its position in Vanguard High Dividend Yield ETF by 9.9% in the 4th quarter. Wells Fargo & Company MN now owns 5,013,329 shares of the company’s stock valued at $639,651,000 after purchasing an additional 452,063 shares during the period. Finally, Wellspring Financial Advisors LLC grew its position in Vanguard High Dividend Yield ETF by 29.3% in the 4th quarter. Wellspring Financial Advisors LLC now owns 2,968,984 shares of the company’s stock worth $378,813,000 after purchasing an additional 672,757 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Down 1.0 %

VYM opened at $121.42 on Thursday. The firm has a 50-day moving average price of $129.44 and a 200-day moving average price of $129.94. Vanguard High Dividend Yield ETF has a twelve month low of $112.05 and a twelve month high of $135.10. The company has a market capitalization of $55.86 billion, a price-to-earnings ratio of 18.76 and a beta of 0.79.

Vanguard High Dividend Yield ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 25th. Shareholders of record on Friday, March 21st were issued 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.