Ferguson Shapiro LLC Acquires Shares of 1,897 Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Ferguson Shapiro LLC acquired a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,897 shares of the company’s stock, valued at approximately $245,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE lifted its stake in Vanguard High Dividend Yield ETF by 21.3% in the 4th quarter. Bank of America Corp DE now owns 13,740,556 shares of the company’s stock valued at $1,753,157,000 after acquiring an additional 2,409,649 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Vanguard High Dividend Yield ETF in the 4th quarter valued at about $921,398,000. LPL Financial LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 4.5% during the 4th quarter. LPL Financial LLC now owns 5,643,230 shares of the company’s stock worth $720,020,000 after acquiring an additional 243,681 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of 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 purchasing an additional 3,292,948 shares during the period. Finally, Wells Fargo & Company MN lifted its position in Vanguard High Dividend Yield ETF by 9.9% during the fourth quarter. Wells Fargo & Company MN now owns 5,013,329 shares of the company’s stock worth $639,651,000 after acquiring an additional 452,063 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

VYM opened at $131.62 on Wednesday. The stock has a fifty day moving average of $127.33 and a 200-day moving average of $128.58. The company has a market capitalization of $60.62 billion, a P/E ratio of 17.79 and a beta of 0.79. Vanguard High Dividend Yield ETF has a fifty-two week low of $112.05 and a fifty-two week high of $135.10.

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.