Archer Investment Corp Has $930,000 Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Archer Investment Corp lifted its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 4.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,330 shares of the company’s stock after buying an additional 374 shares during the quarter. Archer Investment Corp’s holdings in Vanguard High Dividend Yield ETF were worth $930,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Moneta Group Investment Advisors LLC grew its position in shares of Vanguard High Dividend Yield ETF by 110,970.8% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 394,835,570 shares of the company’s stock valued at $42,725,157,000 after purchasing an additional 394,480,089 shares during the last quarter. Sumitomo Life Insurance Co. grew its stake in shares of Vanguard High Dividend Yield ETF by 81.5% in the third quarter. Sumitomo Life Insurance Co. now owns 18,483,322 shares of the company’s stock worth $1,966,803,000 after acquiring an additional 8,298,820 shares during the last quarter. Morgan Stanley grew its stake in shares of Vanguard High Dividend Yield ETF by 10.1% in the fourth quarter. Morgan Stanley now owns 9,684,196 shares of the company’s stock worth $1,047,927,000 after acquiring an additional 884,541 shares during the last quarter. LPL Financial LLC raised its stake in Vanguard High Dividend Yield ETF by 6.1% during the 3rd quarter. LPL Financial LLC now owns 5,152,205 shares of the company’s stock valued at $532,326,000 after purchasing an additional 298,137 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its holdings in Vanguard High Dividend Yield ETF by 2.9% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 4,059,220 shares of the company’s stock valued at $453,131,000 after purchasing an additional 115,272 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA:VYM traded down $0.18 on Wednesday, hitting $114.73. 852,236 shares of the company were exchanged, compared to its average volume of 1,147,274. The company’s 50 day moving average price is $116.83 and its two-hundred day moving average price is $110.58. The firm has a market capitalization of $51.95 billion, a price-to-earnings ratio of 15.82 and a beta of 0.73. Vanguard High Dividend Yield ETF has a one year low of $98.40 and a one year high of $121.29.

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.