Wealth Effects LLC Boosts Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Wealth Effects LLC boosted its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 9.2% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 4,371 shares of the company’s stock after purchasing an additional 370 shares during the quarter. Wealth Effects LLC’s holdings in Vanguard High Dividend Yield ETF were worth $564,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth about $921,398,000. JPMorgan Chase & Co. grew its holdings in shares of Vanguard High Dividend Yield ETF by 152.1% during the fourth quarter. JPMorgan Chase & Co. now owns 5,457,629 shares of the company’s stock worth $696,339,000 after purchasing an additional 3,292,948 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Vanguard High Dividend Yield ETF by 21.3% during the fourth quarter. Bank of America Corp DE now owns 13,740,556 shares of the company’s stock worth $1,753,157,000 after purchasing an additional 2,409,649 shares during the last quarter. Wellspring Financial Advisors LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 29.3% during the fourth 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 during the last quarter. Finally, SBI Securities Co. Ltd. purchased a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth about $77,577,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM stock opened at $130.99 on Thursday. The stock’s 50-day moving average is $127.54 and its two-hundred day moving average is $128.60. The firm has a market cap of $60.33 billion, a price-to-earnings ratio of 17.79 and a beta of 0.79. Vanguard High Dividend Yield ETF has a 1 year low of $112.05 and a 1 year high of $135.10.

Vanguard High Dividend Yield ETF 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.