Flagstar Advisors Inc. Has $3.62 Million Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Flagstar Advisors Inc. trimmed its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 7.1% during the third quarter, HoldingsChannel.com reports. The fund owned 28,249 shares of the company’s stock after selling 2,150 shares during the period. Vanguard High Dividend Yield ETF makes up approximately 0.9% of Flagstar Advisors Inc.’s investment portfolio, making the stock its 28th biggest holding. Flagstar Advisors Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $3,622,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. LPL Financial LLC raised its holdings in Vanguard High Dividend Yield ETF by 4.6% in the second quarter. LPL Financial LLC now owns 5,223,678 shares of the company’s stock worth $619,528,000 after purchasing an additional 228,580 shares during the period. Envestnet Asset Management Inc. increased its position in shares of Vanguard High Dividend Yield ETF by 1.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,000,642 shares of the company’s stock valued at $593,076,000 after buying an additional 59,826 shares in the last quarter. Vanguard Group Inc. raised its stake in Vanguard High Dividend Yield ETF by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 3,246,447 shares of the company’s stock worth $392,788,000 after buying an additional 16,021 shares during the period. Mercer Global Advisors Inc. ADV lifted its holdings in Vanguard High Dividend Yield ETF by 7.4% during the second quarter. Mercer Global Advisors Inc. ADV now owns 2,226,818 shares of the company’s stock worth $247,649,000 after acquiring an additional 153,146 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its holdings in Vanguard High Dividend Yield ETF by 1.7% during the third quarter. Commonwealth Equity Services LLC now owns 2,163,842 shares of the company’s stock worth $277,405,000 after acquiring an additional 36,239 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA VYM opened at $133.63 on Friday. The business has a 50 day simple moving average of $129.44 and a 200 day simple moving average of $124.12. Vanguard High Dividend Yield ETF has a 52-week low of $105.37 and a 52-week high of $133.74. The stock has a market cap of $60.51 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70.

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.