Valmark Advisers Inc. Grows Stake in Vanguard High Dividend Yield Index Fund ETF Shares (NYSEARCA:VYM)

Valmark Advisers Inc. grew its holdings in Vanguard High Dividend Yield Index Fund ETF Shares (NYSEARCA:VYM) by 6.6% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 126,808 shares of the company’s stock after acquiring an additional 7,849 shares during the quarter. Valmark Advisers Inc.’s holdings in Vanguard High Dividend Yield Index Fund ETF Shares were worth $14,156,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in VYM. CX Institutional purchased a new position in shares of Vanguard High Dividend Yield Index Fund ETF Shares in the 3rd quarter valued at about $321,000. Secure Asset Management LLC grew its stake in Vanguard High Dividend Yield Index Fund ETF Shares by 11.8% during the 3rd quarter. Secure Asset Management LLC now owns 8,502 shares of the company’s stock worth $878,000 after buying an additional 897 shares during the last quarter. SWAN Capital LLC purchased a new position in Vanguard High Dividend Yield Index Fund ETF Shares during the 3rd quarter worth approximately $1,038,000. MBM Wealth Consultants LLC grew its stake in Vanguard High Dividend Yield Index Fund ETF Shares by 4.8% during the 3rd quarter. MBM Wealth Consultants LLC now owns 273,324 shares of the company’s stock worth $28,005,000 after buying an additional 12,437 shares during the last quarter. Finally, GDS Wealth Management purchased a new position in Vanguard High Dividend Yield Index Fund ETF Shares during the 3rd quarter worth approximately $200,000.

Vanguard High Dividend Yield Index Fund ETF Shares Stock Down 0.2 %

NYSEARCA:VYM traded down $0.23 during mid-day trading on Friday, reaching $117.37. 552,952 shares of the stock were exchanged, compared to its average volume of 1,123,236. The company has a 50 day simple moving average of $117.38 and a 200-day simple moving average of $111.36. The stock has a market capitalization of $53.14 billion, a P/E ratio of 15.82 and a beta of 0.73. Vanguard High Dividend Yield Index Fund ETF Shares has a 1 year low of $98.40 and a 1 year high of $121.29.

Vanguard High Dividend Yield Index Fund ETF Shares 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.