Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Purchased by Sovereign Financial Group Inc.

Sovereign Financial Group Inc. raised its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 7.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 36,497 shares of the company’s stock after acquiring an additional 2,375 shares during the quarter. Vanguard High Dividend Yield ETF accounts for about 1.1% of Sovereign Financial Group Inc.’s investment portfolio, making the stock its 18th largest holding. Sovereign Financial Group Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $4,657,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Mesirow Financial Investment Management Inc. raised its stake in shares of Vanguard High Dividend Yield ETF by 101.2% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 1,097,218 shares of the company’s stock valued at $140,664,000 after acquiring an additional 552,003 shares during the period. Accredited Investors Inc. boosted its position in Vanguard High Dividend Yield ETF by 18,516.9% during the 3rd quarter. Accredited Investors Inc. now owns 399,705 shares of the company’s stock worth $51,242,000 after purchasing an additional 397,558 shares during the period. Sanctuary Advisors LLC acquired a new stake in Vanguard High Dividend Yield ETF in the 2nd quarter valued at $27,104,000. Kovitz Investment Group Partners LLC raised its position in Vanguard High Dividend Yield ETF by 4,879.6% in the third quarter. Kovitz Investment Group Partners LLC now owns 174,534 shares of the company’s stock valued at $22,101,000 after purchasing an additional 171,029 shares during the period. Finally, Mercer Global Advisors Inc. ADV lifted its stake 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 in the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA VYM opened at $128.28 on Wednesday. Vanguard High Dividend Yield ETF has a 1-year low of $109.47 and a 1-year high of $135.07. The company has a market capitalization of $58.08 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The business has a 50-day moving average of $130.56 and a 200-day moving average of $126.99.

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.