Panoramic Investment Advisors LLC Buys 517 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Panoramic Investment Advisors LLC raised its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.4% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 21,695 shares of the company’s stock after purchasing an additional 517 shares during the quarter. Vanguard High Dividend Yield ETF accounts for 1.9% of Panoramic Investment Advisors LLC’s portfolio, making the stock its 13th biggest position. Panoramic Investment Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $2,625,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mechanics Bank Trust Department raised its holdings in shares of Vanguard High Dividend Yield ETF by 0.4% during the first quarter. Mechanics Bank Trust Department now owns 24,685 shares of the company’s stock valued at $2,987,000 after acquiring an additional 88 shares in the last quarter. ADE LLC grew its stake in Vanguard High Dividend Yield ETF by 1.7% in the fourth quarter. ADE LLC now owns 5,347 shares of the company’s stock worth $597,000 after purchasing an additional 90 shares during the period. SOA Wealth Advisors LLC. grew its stake in Vanguard High Dividend Yield ETF by 2.1% in the fourth quarter. SOA Wealth Advisors LLC. now owns 4,594 shares of the company’s stock worth $513,000 after purchasing an additional 94 shares during the period. Mather Group LLC. grew its stake in Vanguard High Dividend Yield ETF by 0.8% in the first quarter. Mather Group LLC. now owns 12,406 shares of the company’s stock worth $1,385,000 after purchasing an additional 95 shares during the period. Finally, Red Door Wealth Management LLC grew its stake in Vanguard High Dividend Yield ETF by 0.9% in the fourth quarter. Red Door Wealth Management LLC now owns 11,299 shares of the company’s stock worth $1,261,000 after purchasing an additional 97 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

VYM stock traded down $0.18 during midday trading on Tuesday, hitting $118.16. The stock had a trading volume of 205,881 shares, compared to its average volume of 986,309. The firm has a market cap of $53.50 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The business has a 50-day moving average of $118.89 and a two-hundred day moving average of $116.13. Vanguard High Dividend Yield ETF has a 52-week low of $98.40 and a 52-week high of $121.64.

About Vanguard High Dividend Yield ETF

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.