Fiduciary Trust Co Grows Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Fiduciary Trust Co grew its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 131,517 shares of the company’s stock after buying an additional 1,955 shares during the period. Fiduciary Trust Co’s holdings in Vanguard High Dividend Yield ETF were worth $16,860,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in VYM. LPL Financial LLC raised its stake in Vanguard High Dividend Yield ETF by 4.6% in the 2nd quarter. LPL Financial LLC now owns 5,223,678 shares of the company’s stock worth $619,528,000 after acquiring an additional 228,580 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Vanguard High Dividend Yield ETF by 1.2% in the second quarter. Envestnet Asset Management Inc. now owns 5,000,642 shares of the company’s stock worth $593,076,000 after purchasing an additional 59,826 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in shares of Vanguard High Dividend Yield ETF by 7.4% during the second quarter. Mercer Global Advisors Inc. ADV now owns 2,226,818 shares of the company’s stock worth $247,649,000 after purchasing an additional 153,146 shares during the period. Commonwealth Equity Services LLC boosted its position in Vanguard High Dividend Yield ETF by 1.7% in the third quarter. Commonwealth Equity Services LLC now owns 2,163,842 shares of the company’s stock valued at $277,405,000 after buying an additional 36,239 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its holdings in Vanguard High Dividend Yield ETF by 6.8% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,889,775 shares of the company’s stock worth $242,269,000 after buying an additional 121,099 shares during the period.

Vanguard High Dividend Yield ETF Trading Down 0.1 %

Shares of NYSEARCA VYM opened at $134.28 on Thursday. The company has a 50 day simple moving average of $129.89 and a two-hundred day simple moving average of $124.48. The stock has a market cap of $60.80 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 12 month low of $105.37 and a 12 month high of $135.05.

Vanguard High Dividend Yield ETF 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.