Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Acquired by Smith Salley Wealth Management

Smith Salley Wealth Management lifted its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 56.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 13,378 shares of the company’s stock after purchasing an additional 4,852 shares during the quarter. Smith Salley Wealth Management’s holdings in Vanguard High Dividend Yield ETF were worth $1,707,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in VYM. JPMorgan Chase & Co. boosted its holdings in Vanguard High Dividend Yield ETF by 0.4% in the third quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock valued at $277,512,000 after purchasing an additional 9,363 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 1.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 2,163,842 shares of the company’s stock valued at $277,405,000 after buying an additional 36,239 shares during the period. The Manufacturers Life Insurance Company boosted its stake in shares of Vanguard High Dividend Yield ETF by 6.8% in the third quarter. The Manufacturers Life Insurance Company now owns 1,889,775 shares of the company’s stock worth $242,269,000 after buying an additional 121,099 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in Vanguard High Dividend Yield ETF by 1.1% during the third quarter. Janney Montgomery Scott LLC now owns 1,785,400 shares of the company’s stock worth $228,888,000 after acquiring an additional 19,205 shares during the period. Finally, Mesirow Financial Investment Management Inc. raised its position in Vanguard High Dividend Yield ETF by 101.2% during the third quarter. Mesirow Financial Investment Management Inc. now owns 1,097,218 shares of the company’s stock valued at $140,664,000 after acquiring an additional 552,003 shares in the last quarter.

Vanguard High Dividend Yield ETF Trading Up 0.7 %

Shares of NYSEARCA:VYM opened at $131.69 on Friday. Vanguard High Dividend Yield ETF has a 12-month low of $109.47 and a 12-month high of $135.07. The business has a 50 day moving average of $130.47 and a two-hundred day moving average of $127.12. The company has a market capitalization of $59.63 billion, a PE ratio of 15.88 and a beta of 0.70.

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.