PFG Advisors Purchases 6,854 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

PFG Advisors lifted its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 5.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 127,211 shares of the company’s stock after buying an additional 6,854 shares during the quarter. Vanguard High Dividend Yield ETF makes up 1.0% of PFG Advisors’ holdings, making the stock its 14th largest holding. PFG Advisors’ holdings in Vanguard High Dividend Yield ETF were worth $15,087,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. LPL Financial LLC lifted its stake in shares of Vanguard High Dividend Yield ETF by 4.6% during the 2nd quarter. LPL Financial LLC now owns 5,223,678 shares of the company’s stock worth $619,528,000 after purchasing an additional 228,580 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Vanguard High Dividend Yield ETF by 4.0% during the 4th quarter. Envestnet Asset Management Inc. now owns 4,884,792 shares of the company’s stock worth $545,289,000 after purchasing an additional 186,821 shares during the last quarter. UBS Group AG lifted its stake in shares of Vanguard High Dividend Yield ETF by 5.2% during the 4th quarter. UBS Group AG now owns 3,417,686 shares of the company’s stock worth $381,516,000 after purchasing an additional 169,321 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Vanguard High Dividend Yield ETF by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 3,246,447 shares of the company’s stock worth $392,788,000 after purchasing an additional 16,021 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in shares of Vanguard High Dividend Yield ETF by 6.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 2,127,603 shares of the company’s stock worth $252,334,000 after purchasing an additional 129,582 shares during the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA VYM opened at $124.20 on Thursday. The stock has a market capitalization of $56.24 billion, a P/E ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 1-year low of $98.40 and a 1-year high of $127.50. The business has a fifty day moving average price of $122.78 and a 200 day moving average price of $119.92.

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.