Vanguard High Dividend Yield ETF $VYM Position Raised by PFG Private Wealth Management LLC

PFG Private Wealth Management LLC grew its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 154.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 67,397 shares of the company’s stock after purchasing an additional 40,910 shares during the period. Vanguard High Dividend Yield ETF comprises approximately 4.2% of PFG Private Wealth Management LLC’s holdings, making the stock its 9th largest position. PFG Private Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $9,673,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Gallagher Fiduciary Advisors LLC raised its holdings in Vanguard High Dividend Yield ETF by 12,273.0% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 7,981,687 shares of the company’s stock valued at $1,064,039,000 after buying an additional 7,917,178 shares during the period. Raymond James Financial Inc. boosted its stake in Vanguard High Dividend Yield ETF by 2.4% during the second quarter. Raymond James Financial Inc. now owns 7,491,066 shares of the company’s stock worth $998,634,000 after buying an additional 178,904 shares during the period. Ameriprise Financial Inc. boosted its stake in Vanguard High Dividend Yield ETF by 1.6% during the third quarter. Ameriprise Financial Inc. now owns 4,019,262 shares of the company’s stock worth $566,458,000 after buying an additional 64,127 shares during the period. Wellspring Financial Advisors LLC increased its position in Vanguard High Dividend Yield ETF by 0.6% during the second quarter. Wellspring Financial Advisors LLC now owns 2,787,908 shares of the company’s stock valued at $371,656,000 after acquiring an additional 15,677 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its position in Vanguard High Dividend Yield ETF by 13.3% during the second quarter. The Manufacturers Life Insurance Company now owns 2,683,539 shares of the company’s stock valued at $357,743,000 after acquiring an additional 314,494 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Up 1.8%

Shares of VYM opened at $148.10 on Wednesday. The company’s fifty day simple moving average is $151.27 and its 200-day simple moving average is $145.77. The company has a market cap of $71.18 billion, a P/E ratio of 17.79 and a beta of 0.79. Vanguard High Dividend Yield ETF has a twelve month low of $112.05 and a twelve month high of $157.29.

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.