Fiduciary Alliance LLC Purchases 2,658 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Fiduciary Alliance LLC grew its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 89.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 5,624 shares of the company’s stock after purchasing an additional 2,658 shares during the quarter. Fiduciary Alliance LLC’s holdings in Vanguard High Dividend Yield ETF were worth $718,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in VYM. Mercer Global Advisors Inc. ADV increased its holdings in 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 valued at $247,649,000 after buying an additional 153,146 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of Vanguard High Dividend Yield ETF by 0.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock valued at $277,512,000 after acquiring an additional 9,363 shares during the period. Commonwealth Equity Services LLC increased its stake in shares of Vanguard High Dividend Yield ETF by 1.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 2,163,842 shares of the company’s stock worth $277,405,000 after purchasing an additional 36,239 shares in the last quarter. The Manufacturers Life Insurance Company raised 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 purchasing an additional 121,099 shares during the period. Finally, Janney Montgomery Scott LLC lifted its position in Vanguard High Dividend Yield ETF by 1.1% during the third quarter. Janney Montgomery Scott LLC now owns 1,785,400 shares of the company’s stock valued at $228,888,000 after purchasing an additional 19,205 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA:VYM opened at $127.20 on Tuesday. The stock has a 50-day simple moving average of $130.57 and a two-hundred day simple moving average of $126.92. The firm has a market capitalization of $57.59 billion, a PE ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 52-week low of $109.47 and a 52-week high of $135.07.

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.