Flagship Wealth Advisors LLC Takes $12.10 Million Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Flagship Wealth Advisors LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 94,832 shares of the company’s stock, valued at approximately $12,100,000. Vanguard High Dividend Yield ETF accounts for about 7.1% of Flagship Wealth Advisors LLC’s holdings, making the stock its 3rd biggest holding.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Oppenheimer & Co. Inc. increased its stake in Vanguard High Dividend Yield ETF by 2.4% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 6,912 shares of the company’s stock worth $886,000 after buying an additional 159 shares in the last quarter. Natixis Advisors LLC increased its stake in Vanguard High Dividend Yield ETF by 5.7% in the 3rd quarter. Natixis Advisors LLC now owns 93,288 shares of the company’s stock worth $11,960,000 after buying an additional 5,009 shares in the last quarter. MAI Capital Management increased its stake in Vanguard High Dividend Yield ETF by 3.7% in the 3rd quarter. MAI Capital Management now owns 30,968 shares of the company’s stock worth $3,970,000 after buying an additional 1,091 shares in the last quarter. Richard C. Young & CO. LTD. increased its stake in Vanguard High Dividend Yield ETF by 1.7% in the 3rd quarter. Richard C. Young & CO. LTD. now owns 28,020 shares of the company’s stock worth $3,592,000 after buying an additional 465 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC increased its stake in Vanguard High Dividend Yield ETF by 35.1% in the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 4,233 shares of the company’s stock worth $543,000 after buying an additional 1,100 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Up 1.5 %

VYM opened at $128.28 on Monday. The firm has a 50-day simple moving average of $131.42 and a two-hundred day simple moving average of $130.06. Vanguard High Dividend Yield ETF has a 52 week low of $114.37 and a 52 week high of $135.10. The company has a market capitalization of $58.98 billion, a PE ratio of 18.95 and a beta of 0.83.

Vanguard High Dividend Yield ETF Company 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.