Investment Advisory Group LLC Has $13.83 Million Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Investment Advisory Group LLC increased its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 123,893 shares of the company’s stock after acquiring an additional 1,368 shares during the quarter. Vanguard High Dividend Yield ETF comprises about 6.4% of Investment Advisory Group LLC’s portfolio, making the stock its 2nd largest holding. Investment Advisory Group LLC’s holdings in Vanguard High Dividend Yield ETF were worth $13,830,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Fairfield Bush & CO. bought a new position in Vanguard High Dividend Yield ETF during the first quarter valued at $84,000. Bank of New York Mellon Corp lifted its position in Vanguard High Dividend Yield ETF by 5.9% during the first quarter. Bank of New York Mellon Corp now owns 221,009 shares of the company’s stock valued at $24,808,000 after purchasing an additional 12,223 shares during the last quarter. BlackRock Inc. lifted its position in Vanguard High Dividend Yield ETF by 56.8% during the first quarter. BlackRock Inc. now owns 1,145 shares of the company’s stock valued at $129,000 after purchasing an additional 415 shares during the last quarter. Cibc World Market Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF in the 1st quarter worth about $227,000. Finally, Sei Investments Co. lifted its holdings in shares of Vanguard High Dividend Yield ETF by 1.5% in the 1st quarter. Sei Investments Co. now owns 123,399 shares of the company’s stock worth $13,847,000 after acquiring an additional 1,853 shares during the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Shares of Vanguard High Dividend Yield ETF stock traded down $0.38 during trading on Tuesday, hitting $115.15. The stock had a trading volume of 499,522 shares, compared to its average volume of 1,136,490. The firm’s fifty day simple moving average is $116.78 and its 200-day simple moving average is $110.50. The stock has a market cap of $52.14 billion, a PE ratio of 15.82 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 12 month low of $98.40 and a 12 month high of $121.29.

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.