Lido Advisors LLC Raises Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Lido Advisors LLC increased its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 12.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 220,621 shares of the company’s stock after purchasing an additional 25,193 shares during the quarter. Lido Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $28,149,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Raymond James Financial Inc. purchased a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth $921,398,000. LPL Financial LLC increased its position in shares of Vanguard High Dividend Yield ETF by 4.5% in the fourth quarter. LPL Financial LLC now owns 5,643,230 shares of the company’s stock valued at $720,020,000 after acquiring an additional 243,681 shares during the period. JPMorgan Chase & Co. increased its position in shares of Vanguard High Dividend Yield ETF by 152.1% in the fourth quarter. JPMorgan Chase & Co. now owns 5,457,629 shares of the company’s stock valued at $696,339,000 after acquiring an additional 3,292,948 shares during the period. Wells Fargo & Company MN increased its position in shares of Vanguard High Dividend Yield ETF by 9.9% in the fourth quarter. Wells Fargo & Company MN now owns 5,013,329 shares of the company’s stock valued at $639,651,000 after acquiring an additional 452,063 shares during the period. Finally, Wellspring Financial Advisors LLC increased its position in shares of Vanguard High Dividend Yield ETF by 29.3% in the fourth quarter. Wellspring Financial Advisors LLC now owns 2,968,984 shares of the company’s stock valued at $378,813,000 after acquiring an additional 672,757 shares during the period.

Vanguard High Dividend Yield ETF Trading Down 0.1 %

VYM stock opened at $123.30 on Monday. The firm’s 50-day moving average price is $126.56 and its two-hundred day moving average price is $129.39. Vanguard High Dividend Yield ETF has a 12-month low of $112.05 and a 12-month high of $135.10. The stock has a market capitalization of $56.51 billion, a price-to-earnings ratio of 17.96 and a beta of 0.79.

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.