Mutual Advisors LLC Raises Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Mutual Advisors LLC lifted its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.3% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 149,403 shares of the company’s stock after purchasing an additional 1,870 shares during the period. Vanguard High Dividend Yield ETF accounts for approximately 0.5% of Mutual Advisors LLC’s investment portfolio, making the stock its 26th largest holding. Mutual Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $18,421,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Runnymede Capital Advisors Inc. purchased a new position in Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $34,000. Pillar Financial Advisors LLC bought a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $41,000. Heck Capital Advisors LLC bought a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth about $45,000. Moser Wealth Advisors LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 70.4% during the first quarter. Moser Wealth Advisors LLC now owns 363 shares of the company’s stock valued at $47,000 after acquiring an additional 150 shares in the last quarter. Finally, Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 1st quarter worth $47,000.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA VYM opened at $135.01 on Thursday. The company has a market cap of $61.79 billion, a PE ratio of 17.79 and a beta of 0.84. Vanguard High Dividend Yield ETF has a 52-week low of $112.05 and a 52-week high of $135.50. The firm’s 50 day moving average price is $128.82 and its 200-day moving average price is $128.67.

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.