Avantax Advisory Services Inc. Has $35.52 Million Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Avantax Advisory Services Inc. increased its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 278,399 shares of the company’s stock after purchasing an additional 5,164 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $35,521,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. FSA Wealth Management LLC acquired a new stake in Vanguard High Dividend Yield ETF in the 3rd quarter worth approximately $26,000. Valley Wealth Managers Inc. lifted its holdings in shares of Vanguard High Dividend Yield ETF by 314.8% during the fourth quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock worth $32,000 after buying an additional 192 shares during the last quarter. Decker Retirement Planning Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth approximately $39,000. Wingate Wealth Advisors Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth approximately $39,000. Finally, Pillar Financial Advisors LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth approximately $41,000.

Vanguard High Dividend Yield ETF Stock Down 1.2 %

Shares of VYM stock opened at $127.91 on Wednesday. Vanguard High Dividend Yield ETF has a 12 month low of $114.37 and a 12 month high of $135.10. The firm has a market cap of $58.69 billion, a PE ratio of 19.65 and a beta of 0.85. The stock has a 50 day moving average of $131.45 and a 200-day moving average of $130.02.

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.