Semmax Financial Advisors Inc. Has $4.91 Million Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Semmax Financial Advisors Inc. boosted its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 37,266 shares of the company’s stock after purchasing an additional 1,171 shares during the quarter. Vanguard High Dividend Yield ETF comprises approximately 1.3% of Semmax Financial Advisors Inc.’s holdings, making the stock its 22nd largest position. Semmax Financial Advisors Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $4,910,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Chris Bulman Inc bought a new stake in shares of Vanguard High Dividend Yield ETF in the second quarter valued at approximately $26,000. Cultivar Capital Inc. bought a new stake in Vanguard High Dividend Yield ETF in the 2nd quarter valued at $36,000. Highline Wealth Partners LLC acquired a new stake in Vanguard High Dividend Yield ETF in the 3rd quarter worth $45,000. Ridgewood Investments LLC bought a new position in shares of Vanguard High Dividend Yield ETF during the 2nd quarter worth about $49,000. Finally, American National Bank grew its holdings in shares of Vanguard High Dividend Yield ETF by 29.1% during the 2nd quarter. American National Bank now owns 439 shares of the company’s stock worth $52,000 after purchasing an additional 99 shares in the last quarter.

Vanguard High Dividend Yield ETF Trading Up 0.3 %

VYM opened at $134.74 on Friday. The stock’s 50 day simple moving average is $130.17 and its 200-day simple moving average is $124.68. Vanguard High Dividend Yield ETF has a 1 year low of $105.92 and a 1 year high of $135.07. The stock has a market cap of $61.01 billion, a PE ratio of 15.88 and a beta of 0.70.

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.