AdvisorNet Financial Inc Has $4.11 Million Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

AdvisorNet Financial Inc increased its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 18.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 32,240 shares of the company’s stock after purchasing an additional 5,121 shares during the period. AdvisorNet Financial Inc’s holdings in Vanguard High Dividend Yield ETF were worth $4,113,000 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 VYM. FSA Wealth Management LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the 3rd quarter worth approximately $26,000. Highline Wealth Partners LLC bought a new stake in Vanguard High Dividend Yield ETF in the third quarter valued at $45,000. GAMMA Investing LLC raised its stake in Vanguard High Dividend Yield ETF by 352.5% during the third quarter. GAMMA Investing LLC now owns 457 shares of the company’s stock worth $59,000 after acquiring an additional 356 shares in the last quarter. Moisand Fitzgerald Tamayo LLC bought a new position in shares of Vanguard High Dividend Yield ETF during the third quarter valued at $64,000. Finally, Kiely Wealth Advisory Group Inc. boosted its stake in shares of Vanguard High Dividend Yield ETF by 4,064.3% in the 2nd quarter. Kiely Wealth Advisory Group Inc. now owns 583 shares of the company’s stock valued at $70,000 after purchasing an additional 569 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

VYM opened at $127.20 on Tuesday. The firm has a market cap of $57.59 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The firm’s 50-day simple moving average is $130.57 and its 200-day simple moving average is $126.92. Vanguard High Dividend Yield ETF has a twelve month low of $109.47 and a twelve month high of $135.07.

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.