Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Purchased by Florida Financial Advisors LLC

Florida Financial Advisors LLC raised its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 48.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,469 shares of the company’s stock after purchasing an additional 1,127 shares during the quarter. Florida Financial Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $443,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position in Vanguard High Dividend Yield ETF by 0.4% during the third quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock valued at $277,512,000 after acquiring an additional 9,363 shares during the period. World Investment Advisors LLC lifted its position in Vanguard High Dividend Yield ETF by 451.3% during the third quarter. World Investment Advisors LLC now owns 22,939 shares of the company’s stock valued at $2,941,000 after buying an additional 18,778 shares in the last quarter. Semmax Financial Advisors Inc. grew its stake in Vanguard High Dividend Yield ETF by 3.2% during the third quarter. Semmax Financial Advisors Inc. now owns 37,266 shares of the company’s stock worth $4,910,000 after buying an additional 1,171 shares during the period. Proficio Capital Partners LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth $2,588,000. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Vanguard High Dividend Yield ETF by 1.3% during the 4th quarter. Bank of New York Mellon Corp now owns 114,629 shares of the company’s stock valued at $14,626,000 after acquiring an additional 1,496 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

VYM stock opened at $129.74 on Tuesday. The firm has a market cap of $59.65 billion, a P/E ratio of 18.95 and a beta of 0.83. Vanguard High Dividend Yield ETF has a 1 year low of $114.37 and a 1 year high of $135.10. The stock has a 50-day simple moving average of $131.66 and a 200-day simple moving average of $130.20.

Vanguard High Dividend Yield ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, March 25th. Investors of record on Friday, March 21st will be paid a dividend of $0.85 per share. The ex-dividend date is Friday, March 21st.

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.