Fairfield Financial Advisors LTD Takes Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Fairfield Financial Advisors LTD bought a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,718 shares of the company’s stock, valued at approximately $204,000.

A number of other institutional investors have also recently added to or reduced their stakes in VYM. Chris Bulman Inc bought a new position in shares of Vanguard High Dividend Yield ETF during the 2nd quarter valued at about $26,000. Central Pacific Bank Trust Division acquired a new stake in Vanguard High Dividend Yield ETF during the first quarter valued at approximately $27,000. Sachetta LLC bought a new stake in Vanguard High Dividend Yield ETF during the fourth quarter worth approximately $26,000. Cultivar Capital Inc. acquired a new position in Vanguard High Dividend Yield ETF in the second quarter worth approximately $36,000. Finally, Dixon Mitchell Investment Counsel Inc. bought a new position in shares of Vanguard High Dividend Yield ETF in the first quarter valued at $44,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA:VYM opened at $126.02 on Monday. The company has a market capitalization of $57.06 billion, a PE ratio of 15.88 and a beta of 0.70. The stock has a fifty day moving average of $123.05 and a 200-day moving average of $120.09. Vanguard High Dividend Yield ETF has a one year low of $98.40 and a one year high of $127.50.

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.