Cornerstone Advisors Asset Management LLC Increases Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Cornerstone Advisors Asset Management LLC boosted its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 0.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 29,009 shares of the company’s stock after purchasing an additional 262 shares during the quarter. Vanguard High Dividend Yield ETF makes up 0.8% of Cornerstone Advisors Asset Management LLC’s holdings, making the stock its 28th largest position. Cornerstone Advisors Asset Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $3,701,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of VYM. Alpha Financial Partners LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the third quarter worth about $468,000. Blue Trust Inc. increased its stake in Vanguard High Dividend Yield ETF by 43.9% during the 3rd quarter. Blue Trust Inc. now owns 3,791 shares of the company’s stock worth $450,000 after buying an additional 1,156 shares in the last quarter. Integrity Wealth Solutions LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 7.6% during the third quarter. Integrity Wealth Solutions LLC now owns 21,611 shares of the company’s stock valued at $2,771,000 after acquiring an additional 1,524 shares during the last quarter. DeDora Capital Inc. lifted its position in shares of Vanguard High Dividend Yield ETF by 0.9% in the third quarter. DeDora Capital Inc. now owns 213,371 shares of the company’s stock valued at $27,354,000 after acquiring an additional 1,942 shares in the last quarter. Finally, Flagship Harbor Advisors LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the third quarter worth approximately $8,532,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM opened at $134.50 on Wednesday. The stock has a 50 day moving average price of $130.57 and a 200 day moving average price of $128.96. The stock has a market capitalization of $60.90 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a one year low of $113.66 and a one year high of $135.07.

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.