Strategic Financial Concepts LLC Acquires 2,737 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Strategic Financial Concepts LLC boosted its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 91.4% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,733 shares of the company’s stock after purchasing an additional 2,737 shares during the quarter. Strategic Financial Concepts LLC’s holdings in Vanguard High Dividend Yield ETF were worth $694,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. CX Institutional bought a new position in shares of Vanguard High Dividend Yield ETF during the 3rd quarter worth about $321,000. U.S. Capital Wealth Advisors LLC grew its stake in Vanguard High Dividend Yield ETF by 116.6% in the third quarter. U.S. Capital Wealth Advisors LLC now owns 40,378 shares of the company’s stock valued at $4,172,000 after acquiring an additional 21,739 shares during the period. Valeo Financial Advisors LLC grew its stake in Vanguard High Dividend Yield ETF by 89.1% in the third quarter. Valeo Financial Advisors LLC now owns 10,860 shares of the company’s stock valued at $1,122,000 after acquiring an additional 5,117 shares during the period. Walter & Keenan Wealth Management LLC IN ADV increased its holdings in shares of Vanguard High Dividend Yield ETF by 4.8% during the third quarter. Walter & Keenan Wealth Management LLC IN ADV now owns 36,782 shares of the company’s stock valued at $3,800,000 after acquiring an additional 1,680 shares in the last quarter. Finally, Arthur M. Cohen & Associates LLC raised its position in shares of Vanguard High Dividend Yield ETF by 0.3% during the third quarter. Arthur M. Cohen & Associates LLC now owns 97,203 shares of the company’s stock worth $10,042,000 after purchasing an additional 320 shares during the period.

Vanguard High Dividend Yield ETF Trading Down 1.3 %

NYSEARCA VYM traded down $1.52 during mid-day trading on Tuesday, hitting $116.47. The company’s stock had a trading volume of 835,666 shares, compared to its average volume of 1,114,604. The firm has a market capitalization of $52.74 billion, a price-to-earnings ratio of 15.82 and a beta of 0.73. The company’s 50 day simple moving average is $117.52 and its 200 day simple moving average is $111.63. Vanguard High Dividend Yield ETF has a twelve month low of $98.40 and a twelve month high of $121.29.

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.